Geography, asked by shahgotu1727, 9 months ago

mwhat is an economy​

Answers

Answered by melfidu13157
1

hey mate,

heres ur answer,

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

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Answered by sriyadav012
1

Answer:

An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

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