1. Explain vital aspects of functioning of an economy.
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hey mate ^_^
Essential Processes of an Economy: Production, Consumption and Investment. ... Essential or Vital Processes of an economy mean those necessary economic activities without which an economy cannot exist or work. The primary function of the economy is to provide goods and services for satisfying wants of the people.
hope it helpz uh
@Gunjal
Essential Processes of an Economy: Production, Consumption and Investment. ... Essential or Vital Processes of an economy mean those necessary economic activities without which an economy cannot exist or work. The primary function of the economy is to provide goods and services for satisfying wants of the people.
hope it helpz uh
@Gunjal
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