3
Question
The meaning of Greek word 'oikonomikus' means __________.
The meaning of Greek word 'oikonomikus' means __________.
Open in App
Solution
The correct option is B household management
'Oikonomikus' is a
Greek word introduced by Aristotle back in 1830 when he proposed the theory of
household management which relates to management of finance and people
in the house. The term 'economics' which deals with national management of economic factors was, thus, further derived.
'Oikonomikus' is a Greek word introduced by Aristotle back in 1830 when he proposed the theory of household management which relates to management of finance and people in the house. The term 'economics' which deals with national management of economic factors was, thus, further derived.
Suggest Corrections
1
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
