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what is economy?

Asked by acshanadhana15 | 17 Sep, 2020, 11:43: AM

Expert Answer

'Economy' refers to the nature or level of economic activities such as prodcution, consumption, investment and exchange (sale and purchase of goods and services) within the country.

For example if we say Indian econonmy, it means we are talking about the different economic activities in India.

Answered by Ramandeep | 17 Sep, 2020, 03:30: PM

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CBSE Class 10 Answered

'Economy' refers to the nature or level of economic activities such as prodcution, consumption, investment and exchange (sale and purchase of goods and services) within the country. For example if we say Indian econonmy, it means we are talking about the different economic activities in India.

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'Economy' refers to the nature or level of economic activities such as prodcution, consumption, investment and exchange (sale and purchase of goods and services) within the country.

For example if we say Indian econonmy, it means we are talking about the different economic activities in India.