Political Science, asked by jatinshelar, 1 year ago

What is mean by economy

Answers

Answered by jashan22
1
Economy means study of agriculture
Answered by rohanguptarihaaan
3
An economy is a system of making and trading things of value. It is usually divided into goods (physical things) and services (things done by people). It assumes there is medium of exchange, which in the modern world is a system of finance. This makes trade possible. The alternative – systems of barter – exists only on a very small scale.

To better understand how the economy works, it can be discussed in three sections. These are:

The primary sector which covers raw products from farming, fishing, and mining, and so on.The secondary sector which covers manufacturing goods.The tertiary sector which covers a range of services, provided to people and companies.

The term 'real economy' is sometimes used to mean the part of the economy concerned with goods and services. This is contrasted with the 'paper economy', the financial side of the economy, which buys and sells on the financial markets.

the #RIHAAN
hope this will help you..

AkshithaZayn: such a long answer for 5 points. oh...
rohanguptarihaaan: dear , i didnt answer for points
rohanguptarihaaan: I just want to help and make them clear
jashan22: ok
AkshithaZayn: ohhk...ur heart is so big... I will not and so long for 5 points..
jashan22: Thank you
rohanguptarihaaan: mark as brainiest if you liked
AkshithaZayn: I was talking about Rohan =》
rohanguptarihaaan: thanks akshita
AkshithaZayn: wlc
Similar questions