Question

Meaning of world economy which related to indian economyin hindi

Answer 1

it is the sum total of all the economic activities like production consumption distribution and exchange is called economy economy is divided into three parts first developed economies second developing economies and third underdeveloped economy is developed economy is days are those economy which are characterized by high level of per capita income of US dollar 12616 per annum developing economy which are passing through the stage of growth and development underdeveloped economy is underdeveloped economy of per capita income and standard of living.