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A/an ____________ is the system of production, trade, distribution, and consumption of products and services in an area.
A/an ____________ is the system of production, trade, distribution, and consumption of products and services in an area.
Answer
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.
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 36 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 247 views.