Question

What is economy and what is human

Answer 1

Answer:

The global financial crisis has renewed concern about whether capitalist markets are the best way of organizing economic life. Would it not be better if we were to treat the economy as something made and remade by people themselves, rather than as an impersonal machine

Explanation:

economy

economythe operation of a country’s money supply, commercial activities and industry

economythe operation of a country’s money supply, commercial activities and industryhuman

economythe operation of a country’s money supply, commercial activities and industryhumanconnected with people, not with animals, machines or gods; typical of people

Answer 2

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.