In this way economic science has given us the lights with which we have illuminated our economic path and not so much in a personal way but in a global or generalized way as those of every nation on this planet, with the above we can clearly indicate that our economic behavior is highly linked to the different options that the economic field offers us within our societies, This leads us of course to a permanent daily or current consumption, but it also leads us to the important option of a future consumption through the important variable of savings, and this variable dreamed by all of us to guarantee the economic stability in case of any mishap or simply for the fact of wishing to undertake any productive activity.
When we broaden the horizon in terms of our economic behavior we find ourselves with the possibility of using those productive resources such as land, the same labor or work, capital investment, as well as the different technological applications, among others. Therefore, what we have said so far is that over the years man has been improving his economic behavior in a rational way, and this in relation to what is around him, but within his reach, or at least assuming that he can guarantee its cancellation to meet his basic needs.
In visualizing ourselves as human beings we could clearly notice or realize that we can act economically in three ways, the first is in an individualized way which we implement daily, at least, from the economic motorization of our homes, another would be when we are part of a certain organization either productive or administrative, and the third, also very common to act as a nation and as we know we are all territorially organized in this way at the planetary level.
In this way as individuals in our societies we act economically as consumers, companies, institutions, unions, government, to mention some organizational areas from a social and political vision, but each of these organizations obeying at least theoretically to the economic rationality that surrounds us, in this way each of us as consumers will be in a constant adjustment of our consumption of different goods in order to be able to cover most of our needs in relation to our personal economies, and as companies man will logically try to get the maximum benefit from their production resources, and as a government or public entity we will act with the purpose of trying to optimize spending or public investment with the economic vision of generating welfare for the vast majority of the inhabitants of any nation in the world.
Thus we can say in a global way that it is our economic behavior from the micro to the macro economic and this based on any conceptual aspect provided by our economic science which has sought the proper organization of our various resources of different kinds, and especially of our finances as a nation but also at a personal level and we are all witnesses of this since we do it daily.
It has been a great pleasure to share with all of you this important material, which I hope you will like, and I will see you next time.
Bibliographic references consulted and recommended
E C O N O M I C SCIENCE.