What is an economy,i want to know about economy
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Economy is a framework inside which persons are engaged in different economic activities within a particular political and geographical area.
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Explanation:
An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.
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