Social Sciences, asked by ayan9661, 3 months ago

what is economy ?
Please Explain​

Answers

Answered by Silentheart0
6

Explanation:

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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.

Answered by Annasydney
3

Answer:

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.

Hope it helps you.

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