What do you mean by economy?

168 Views|Posted 9 years ago

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a year ago

An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. An economy

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Kajal Kumari | Contributor-Level 10

2 years ago

Economy generally refers to the system or structure by which a society produces, distributes, and consumes goods and services. It encompasses all the activities and transactions involved in the production and exchange of goods and services within a particular geographic region, such as a country or

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Alka Kumari | Contributor-Level 8

9 years ago

Economy is a subject which gives us information or knowledge about distribution, how are products made and how money transaction take place. There are three types of economy Capitalist, socialist and mixed economy. capitalist economy is mainly done for money to maximise profit, social is mainly done

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