Economy, asked by mzawni041, 1 month ago

what is an economy? explain economy activities with example

Answers

Answered by arifvahora2036
0

Explanation:

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Answered by chandraniadak
0

An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources'.

Economic activity is the activity of making, providing, purchasing, or selling goods or services. Any action that involves producing, distributing, or consuming products or services is an economic activity. ... Employees working in a factory and receiving wages, for example, are performing economic activities.

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