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Question

The word Economics originates from the word -

A
Oikomnomikos
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B
Oikomnomikos
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C
Eikonomikos
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D
Ekonomics
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Solution

The correct option is D Oikomnomikos

This question explains about origin of economic word: The English term 'Economics' is derived from the Greek word 'Oikonomia'. Its meaning is 'household management'. Economics was first read in ancient Greece. Aristotle, the Greek Philosopher termed Economics as a science of 'household management'.


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