An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Understood in its broadest sense, 'The economy is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the trans
Lesson Summary. Externalizing behaviors are problem behaviors that are directed toward the external environment. They include physical aggression, disobeying rules, cheating, stealing, and destruction of property.
If a system as a whole exerts a force on its surroundings and a displacement occurs, the work done is called external work. A physics teacher pushing papers across his desk is doing external work. A physics teacher standing motionless is not doing any significant external work.