Question

what is means meant by economy
please let him answer

@ its merekha2017 ​

Answer 1

Explanation:

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.

Answer 2

Explanation:

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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