Economics exist since people began to sell, buy or actually change things. Business, money, development, all these words are conected to the word economy.
In early economy people were using skins of animals, shells or rocks to trade. Later people got something like jobs and labour, for example fishermans were catching fish and than change it on dishes or goods that other people made. Then governments began to make paper money, silver and gold coins, first banks were opened.
During the 19th century economy was not stable. Different events in different countries affected the economy and markets. Africa gave a lot of new resourses for European countries so people found new ways to make money. Other events in histoty such as Napoleonic wars, or America's exploading changed European and World's economy a lot. In some bad ways - corruption, fights for resources and money, slavery, and good ways too - faster development of some countries, more new markets and companies, etc.
Nowadays economy plays a very important role in world life. Every country has it's own currency, with it's own money and trade market. People sell property and goods as well as different companies do. One's country economy is always connected to another country's economy, when people from one country trade with other people from different country and make money they create a market. Nowadays people use credit and bank cards and internet to buy goods and food, lot's of things changed since the first signs of economy but same basement still works today.
In the future people will buy and sell things more often and it will be more easy to do so. It will be such a big competition on the world marked, just like in China nowadays, there are a lot of people in China who make one kind of goods but they still need to sell it, so they go to ways, make it perfect (better than other's) and sell it or make it cheaper but sell it a lot. Also probably we will not use paper money and coins because technology is moving fast and lot's of things are innovated, who knows maybe we will pay for goods from our credit cards even not leaving our homes.
In early economy people were using skins of animals, shells or rocks to trade. Later people got something like jobs and labour, for example fishermans were catching fish and than change it on dishes or goods that other people made. Then governments began to make paper money, silver and gold coins, first banks were opened.
During the 19th century economy was not stable. Different events in different countries affected the economy and markets. Africa gave a lot of new resourses for European countries so people found new ways to make money. Other events in histoty such as Napoleonic wars, or America's exploading changed European and World's economy a lot. In some bad ways - corruption, fights for resources and money, slavery, and good ways too - faster development of some countries, more new markets and companies, etc.
Nowadays economy plays a very important role in world life. Every country has it's own currency, with it's own money and trade market. People sell property and goods as well as different companies do. One's country economy is always connected to another country's economy, when people from one country trade with other people from different country and make money they create a market. Nowadays people use credit and bank cards and internet to buy goods and food, lot's of things changed since the first signs of economy but same basement still works today.
In the future people will buy and sell things more often and it will be more easy to do so. It will be such a big competition on the world marked, just like in China nowadays, there are a lot of people in China who make one kind of goods but they still need to sell it, so they go to ways, make it perfect (better than other's) and sell it or make it cheaper but sell it a lot. Also probably we will not use paper money and coins because technology is moving fast and lot's of things are innovated, who knows maybe we will pay for goods from our credit cards even not leaving our homes.
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