Question

What is the importance of economy?​

Answer 1

What is the importance of economy?Answer:

Points of Importance of Economics. Allows know the basics of human needs, production, distribution, reuse and better use of resources. It provides the basis for exchange of goods and services between individuals, organizations and even countries.

Answer 2

Answer:

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Economics plays a role in our everyday life. Studying economics enables us to understand past, future and current models, and apply them to societies, governments, businesses and individuals.

Explanation:

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