Question

What is economy and types of economy. ​

Answer 1

Answer:

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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Answer 2

Answer:

An economy is a system whereby goods are produced and exchanged.economy:free market, command,and mixed.