Jul 2, 2025 · An economy is a complex system of consumers, businesses, and governments that produce, consume, and distribute goods and services, combining to fulfill the needs of those …

A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources …

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The meaning of ECONOMY is the structure or conditions of economic life in a country, area, or period; also : an economic system. How to use economy in a sentence.

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An economy is everything involved in managing resources in a particular place.Resources are things known as goods and services. Goods are touchable things we can own, like food or cars.

An economy consists of producers, buyers, markets, and government agencies actively engaged in the production, distribution, exchange, and consumption of commodities and services in a …

ECONOMY definition: 1. the system of trade and industry by which the wealth of a country is made and used: 2. the…. Learn more.