what is economy ?
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Explanation:
Economics is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.
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An economy is the large set of inter-releted production and consumption activities that aid in determining how scare resources allocated. it is an iylterrelted system of human labour,exhange and consumption.
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