Question

what is meant by economy​

Answer 1

Economy is about the economics in a particular country or a state of community. It is usually taught as a subject to the higher education level studies.

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Answer 2

Answer:

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.

Explanation:

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