Social Sciences, asked by arshdeepsingh57585, 4 months ago

what do u mean by economy in simple words

Answers

Answered by pranjal24966

Answer:

An economy is a system of making and trading things of value. It is usually divided into goods (physical things) and services (things done by people). It assumes there is medium of exchange, which in the modern world is a system of finance. This makes trade possible.

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