Question

$\sf \blue{What \: is \: Economy \:? }$
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Answer 1

Answer:

economy encompasses all activity related to production, consumption, and trade of goods and services in an area. These decisions are made through some combination of market transactions and collective or hierarchical decision making.

Explanation:

the operation of a country’s money supply, commercial activities and industry

Answer 2

Answer:

Economy is defined as the management of financial matters for a community, business or family. An example of economy is the stock market system in the United States. Effective management of the resources of a community or system.