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You have probably heard the term “micro versus macro economics” before. While some might say it is just an excuse for people who don't know how to read a chart, others might say that micro and macro economics are actually two different things, one of which is macro. It doesn't matter what you think because the terms macro and micro economics are both used in the macroeconomics.

The term “micro economics” comes from the idea that the economy is run by individuals, not businesses. In other words, all businesses exist to make money, but individuals create the wealth. These individuals decide what they want to create and how they are going to get it. These individuals are usually called entrepreneurs, and they are generally called capitalists, as they are essentially purchasing products and services and turning them into wealth for themselves and for other people.

Micro economies are where business is small. For example, a small pizza parlor will only be able to make a few pizzas per day. The amount of pizzas they make per day will be smaller than the number of pizzas that a restaurant would make in a week.

Another difference between micro and macro economics is that the businesses of micro economies do not generate money to spend on their own. Therefore, if a business does not make money they will not have any money to buy the items or services that they need to make their business work. This can cause businesses to close and will also cause the businesses that do remain to sell goods that the owner has no desire to sell. If they did have money for their business they would invest it in order to grow their business, and this is another aspect of microeconomics.

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The other difference between micro and macro economics is the distribution of income. Micro economies have small businesses that are extremely profitable, but these businesses will not pay out much in cash to the individuals that own them. Instead, the income is made by those individuals through the distribution of wealth that they create. It is the wealthy business owners that have the most control over how the wealth is distributed.

A third difference between micro and macro economics is the fact that in macro economies money is used to purchase products and services, and the individuals that have money also spend money in the economy. Because of this, people who earn very little money through their business are in the process of creating more wealth than the average person. The wealthy individuals that are in the middle class also end of the income spectrum are in the process of creating very little wealth, because they have very little spending power.

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