Before understanding the issue of how the economy serves people, I would like to understand what this science is in the broad sense.
Definition of a concept
This is a field of activity, structure and science. How does the economy serve people? It provides the distribution, production, consumption, as well as the exchange of services and goods in modern society. As a matter of fact, the economy is absolutely any activity that is related to the financial provision of favorable living conditions, as well as the creation of various so-called economic benefits, which include goods and services.
Economics and man as a single system
How does the economy serve people? One thing can be said with absolute certainty: it plays an important role in the life of society and any person. First: the economy is what can provide material conditions for existence. And literally everything applies to them: housing, clothes, food and more. The second thing that should be noted: the economic sphere is a system-forming component of the whole society, and is also a decisive sphere in his life.
Man and the economy are closely interconnected. They form a single system. Man, organizing his own economic activity, intends to achieve a specific goal. It is usually associated with obtaining the necessary services and benefits. To achieve these goals, a person needs labor and the so-called means of production. The latter are a system of objects of labor - that of which material wealth is made. All of this is collectively called the "productive forces of society."
A person's place in the economic field of activity
It should be noted that not only the economy plays an important role in human life. It is also an important aspect of it. A person's place in this field of activity is characterized by his role in the production process, the position that he occupies in property relations, and also participation in entrepreneurship and business. And of course, the situation in the relations of consumption and distribution of the product produced in society.
A person, becoming a part of property relations, exercises his right of possession, disposal, and also use. But the main role of society in the economy is its participation in the labor process. It should be noted the main characteristics of human activity in this area. These include efficiency, productivity, and also a place in the general system of division of labor. Thus, one can understand not only how the economy serves people, but also how the person serves it.
