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Sagot :
The economy is the social institutions that ensures the maintenance of society through the production distribution and consumption of goods and services.
The economy is the social entity responsible for planning the creation, exchange, and consumption of goods and services within a society. It consists of three sectors: the primary sector, secondary sector, and tertiary sector.
The primary sector: The primary sector of the economy is the segment where raw materials are taken and used directly from the natural world. Fishing, forestry, mining, and agriculture are some of its activities.
The secondary sector: The manufacturing sector, which makes finished goods from raw materials, is the secondary sector of the economy.
The tertiary sector: The tertiary sector, which comprises administrative work, medical care, education, and information technology services, is the area of the economy that offers services rather than goods.
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