A/an ____________ is the system of production, trade, distribution, and consumption of products and services in an area.

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Rahul Upadhyay · Answer 1 · 2017-06-11T06:10:30+0000

ECONOMY

An economy is the system of production, trade, distribution, and consumption of products and services in an area.

Economy is identified into four types of economic systems. Traditional Economic System, Command Economic System, Market Economic System, and Mixed Economic System.

A/an ____________ is the system of production, trade, distribution, and consumption of products and services in an area.

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