ECONOMIC SYMBOLS

SYMBOL
- It is an object, word or action that stands for something
else, without natural relationship, that is culturally defined.

SYMBOLISM
- Is when something represents abstract ideas or
concepts; it assigns names, denomination, and defines
relations between various elements (actors, actions, goal,
Economic Symbol

Economic symbols those relating to economic activities such as

production, distribution, and consumption of goods and services.
Among the most common economic symbols are the currencies or
money we are using, the value of which varies depending on the
economic status of the country. We also hear of the Stock
Exchange, Gold and Petroleum, Banking, Life Insurance and others
 Economic Symbols and Practices

• Economic symbol and practices are the process by which

resources are distributed, and goods and services are
traded in societies.
• These practices control the different factors of
production such as labor, capital, entrepreneurs, physical
and information resources.
ECONOMIC SYMBOLS
- used in production, distribution, and consumption of goods
and services like currency, market, labor, demands and other
economic activities.
Example:
Country Symbol Currency
New Zealand $ New Zealand dollar
Philippines ₱ Philippine peso
South Korea ₩ South Korean won
Thailand ฿ Thai baht
Common Economic Symbols
- This represent economic standpoint. It can be
seen in various media such as Stock Exchange,
Money, Currency, Gold and petroleum, Life Insurance,
Banking, etc.
Whether real or nominal moneys are being discussed must
be indicated either through the use of a prime (’ ) to
indicate real figures or by clarifying in the text of the
publication whether real or nominal amounts are being
used.

Examples:
SIGNIFICANCE OF THE ECONOMIC
SYMBOLS

• Human cultures use economic symbols to express

specific ideologies and social structures and to represent
aspects of their specific culture. Thus, economic symbols
carry meanings that depend upon one's cultural
background; in other words, the meaning of a symbol is
not inherent in the symbol itself but is culturally learned.
SIGNIFICANCE OF THE SYMBOLS

- As rational thinkers, we have been making and giving

meaning to symbols for a long time. Symbols have been part
of our lives and growth as humankind.

-The usage of symbols and symbolism have given

mankind an avenue to communicate with different groups of
people, influence others of different ideologies, and preserve
values that were transferred from generations to generations.
THANK YOU❤