What is the meaning of simple economy??
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Simple Economy is defined as: 'Every individual in the community is occupied in the manufacturing of some goods or services and they require an amalgam of many goods and services not all of which are produced by them.
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12
Answer:
Simple economy can be defined as an economic system in which each and every individual is operating is required to partake in the manufacture of goods and services. These manufactured items are then allocated among the individuals of the economy.
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MARK AS BRAINLIEST......
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