Define economy. Write the type of economy?
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An economy ("household" and – "manage") is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. ... Economic activity is spurred by production which uses natural resources, labor and capital.
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An economy (from Greek οίκος – "household" and – "manage") is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. ... Economic activity is spurred by production which uses natural resources, labor and capital.
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