Why economy Readers?

Whatever the nature of the economic system, the resources are limited and hence each type of economy has to face the fundamental economic problem of deciding what to produce, how to produce and for whom to produce. In a free enterprise economy, the solution to these problems is provided by the price mechanism or market mechanism.


Who can take benefit from Economy Readers?

It is suitable for those who want to do business, who are doing business, who want to gain knowledge in economics and stock market. You don’t need to come tution. Full academic education secondary to master level free education on internet connect with economy readers. You can easily read and learn from these economy textbooks. It can be read from secondary class to master level. Everyone is interested in business. After that, it is easier for people to take more and more knowledge from economy resources and take steps in business. People from +18 to +60 years of age will be able to gain knowledge from it. Everyone topic. The economy readers website has been launched for such people.


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Economy is everywhere and understanding economy can help you make better decisions and lead a Happier life. The new practice of education is the symbol of knowledge, the effort of consciousness. Economy growth starts with knowledge and innovation.


Important of Economy Readers

Market economy allows the ownership of private property. People are free to own, sell and transfer private property. Market economy provides economic freedom. There is freedom of enterprise, freedom of contract and freedom to use property. People are free to choose any occupation or take up any business according to self-interest. The economic activities in the market economy are undertaken with the aim of earning profit. Resources are allocated and utilized for profit. Goods are produced for being sold to earn profit. Producers bear risk to make profit. The entire market economy moves at the call of consumers. The consumers are the kings in the sense that they have complete freedom in making choice of the products. There can be no forcing. This is what is known as consumer’s sovereignty. The price mechanism guides producers and consumers in making production and consumption decisions. Market economy is regarded as a competitive economy. Producers compete with one another to meet demand. There is publicity, promotion and advertisement to influence consumers. Buyers also compete among themselves. There is scope for competition in market economy.


Mission and Vision

It is brought by economy readers for the purpose of educating those who want to do business, those who are doing business, those who want to gain knowledge in economics and stock market. Economy readers is the process where the economy functions through the market forces. Economy readers includes a capacity or a quality or a power to satisfy human wants.