Economy refers to the system by which goods and services are produced, distributed, and consumed in a society. It includes the activities and resources involved in the production, distribution, and consumption of goods and services. The economy is influenced by various factors, such as government policies, market forces, and individual behaviors. There are different types of economies, including market economies, socialist economies, and mixed economies. The study of the economy is an important area of study in fields such as economics, business, and finance.
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