Question

what is the role and significance of goods and services in an economy​

Answer 1

Explanation:

Goods and services are the basis of economics. You produce goods that others would buy.

Or you provide services that others would consume and pay you......

Answer 2

Answer -

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• In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it. Market-based economies tend to allow goods to flow freely through the market, according to supply and demand.

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