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

Question

Elliana Keith

Social Studies

25 May, 15:09

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

+3

Answers (1)

Know the Answer?

Luna Baxter · Answer 1

The correct answer is c: economy!

Economy is the study of the production and distribution of goods and services, their sale and purchase. It includes such aspects as the government controlling, or not, the totality or parts of the prices and production.

Select the word that best fits the definition: The way goods and services are produced, distributed, and consumed in a society.a. job securityb. interest ratec. economyd. business cycle

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