what is the economy?
Answers
Answered by
3
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
Explanation:
Hope this may help you...
Answered by
1
⭐ here's your 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.◀️
hope it helps you
thanks ☺️
Similar questions
Business Studies,
2 months ago
Physics,
2 months ago
English,
2 months ago
Math,
4 months ago
History,
10 months ago