what is economy...........
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the operation of a country’s money supply, commercial activities and industry
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An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade,[1] and consumption of goodsand services by different agents. Understood in its broadest sense, 'The economy is defined as a social domain that emphasises the practices, discourses, and material expressions associated with the production, use, and management of resources'.[2]Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. However, monetary transactions only account for a small part of the economic domain.
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