What is an economy?
A) a banking system
B) a system of coordinating the production and distribution of goods and services
C) the movement of goods and services between countries
D) the coordination of a buyer of a good and a seller of a good

Question

Quizplus · Accepted Answer

An economy is a system that coordinates the production, distribution, and consumption of goods and services among the members of a society. It encompasses various activities and institutions that facilitate these processes, including markets, government policies, and cultural practices.

What Is an Economy