What is economy? Explain in detail.
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Answered by
7
Answer:
An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.
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1
Answer:
economic is a social science concerned with the production, distribution, and consumption of goods and services. economics can generally be broken down into macroeconomics, whitch concentrates on the behaviour of the economy as a whole, and microeconomics, which focuses on individual people and businesses.
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