Business Studies, asked by kabirhasan878, 5 months ago

what does economic of a country mean?

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Answered by Itzvaibhav007

Answer:

An economy encompasses all activity related to production, consumption, and trade of goods and services in an area. ... The economy of a particular region or country is governed by its culture, laws, history, and geography, among other factors, and it evolves due to the choices and actions of the participants

Answered by vishnu223020

Answer:

what does economic of a country mean?

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. The production, consumption, and distribution of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.

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