What Is Economy Define
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An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.
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An economy consists of the economic system of a country or other area.When people have jobs, they have money, they spend money, bussiness make money and can pay their workers.
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