Question

what means economy about 40 words.
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Answer 1

Answer:

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. The production and consumption of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.

Answer 2

Answer:

According to Greek words it means householdand manage

Explanation:

the state of a country or region in terms of the production and consumption of goods and services and the supply of money

an economy is an area of production ,distribution and trade as well as consumption of goods and services by different agents