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An economy is best described as a system where

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ghisingtoyandra

It is defined as the country's state on how it handles its activities such as money supply, resource allocation, and production and distribution of services to ensures human wants and needs have been met. Furthermore, the basic economic systems include traditional, mixed, market and command economy.

elizabeth92105minnel

Answer:

Resources are used to produce goods and services to meet the needs and wants of society.

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