3) Write
a brie
brief note
note on economy
omy of
Jand k and how it has been benefical
to the people ?
Answers
Explanation:
An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. The production, consumption, and distribution of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.
KEY TAKEAWAYS
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.
Market-based economies tend to allow goods to flow freely through the market, according to supply and demand.
Answer:
ùr ãñswer høpe it helps you.
