Select the word that best fits the definition: The way goods and services are produced, distributed, and consumed in a society.
A. job security
B. interest rate
C. economy
D. business cycle
Answer (2)
The best answer to the definition provided is 'economy', which encompasses the production, distribution, and consumption of goods and services in a society. Other options do not accurately reflect this definition. Understanding the economy is essential in analyzing how societies function economically. ;
The best choice for the definition provided is 'economy,' which describes how goods and services are produced, distributed, and consumed in society. Other options do not accurately define these economic processes. Understanding the economy is vital for deeper insights into societal functions.
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