Social Sciences, asked by jacksonlawrence, 9 months ago

what is economy and its type

Answers

Answered by Anonymous

1

Answer:

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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.

Answered by niveditachauhan2020

0

Answer:

Economy is a system where goods are exchanged and produced.

Types : Mixed , free market, command

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