what is an economy?(only english..)

what is an economy?(only english..)

题目
what is an economy?(only english..)
答案
An economy consists of the economic system of a country or other area,the labor,capital and land resources,and the economic agents that socially participate in the production,exchange,distribution,and consumption of goods and services of that area.
Definition of economy:
1.careful management of resources to avoid unnecessary expenditure or waste;
2.the system or range of economic activity in a country,region,or community.
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