Economy, asked by rajskrraj49, 1 month ago

what is economy?
class 11

please
f. o. l. l. o. w
me in i. n. s. t. a.
I'd. its_a_dark_soul_forever
s. I. n. g. l. e. ​

Answers

Answered by vemulasaipranav
1

An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.

Answered by Mochiscupcake
0

hey mate!

Answer :- Economics is a science that studies human behavior which aims at allocation of scarce resources in such a way that consumer can maximise their satisfaction, producers can maximise their profits and society can maximise its social welfare. It is about making choice in the presence of scarcity.

hope it's helpful

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