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What Is Economy?

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    Economy is basically a social system which is responsible for production, exchange, distribution, and consumption of goods and services or a nation.

    Economy is a field that is related to every day human activities which include, production, distribution, exchange and consumption of goods and services. All the professions and occupations apart from the economic agents, economic activities contribute to the economy.
    1 0

    Lily_j  

    answered 10 months ago

      Economy is the study of how society manages its scarce resources.
      0 0
      Guest

      Guest  

      answered 5 months ago

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