What does the economy include?

Economy includes all activities of human production, savings, exchange and distribution; Production is the foundation of this dynamic, and distribution is the end of this dynamic. Economic activities mainly exchange labor and other means of production for goods and services, and money is only the medium of transactions.

The aggregation of factor resources is called the spatial form of economic activities, and its manifestations can be divided into points, lines, areas and networks of economic activities, which constitute different regional components and growth poles in economic development. The overall development of the national economy is usually driven by regional growth poles, especially for large countries with vast territory and large spatial differences. ?

Extended data

The narrow economic aggregate refers to the national economic aggregate that can be calculated in money, including both effective economic aggregate and ineffective economic aggregate; Broadly speaking, it refers to the total amount of social wealth, that is, the total amount of social value, including the total amount of social wealth that can be calculated with money and the total amount of social wealth that cannot be calculated with money, including both the quantity and the quality of social wealth. The generalized economic aggregate does not include the invalid economic aggregate.

Economic growth, in a narrow sense, refers to the growth of GDP, in a middle sense, refers to the increase of economic aggregate, the increase of national income (GDP growth) and the expansion of economic scale, which can be calculated by money and belongs to the macro-economic category.

Baidu Encyclopedia-Economy