The economy is considered an important social institution because it directly facilitates which of the following?

Question

Group of answer choices

supply of useful products

law making

harmony in families

secular culture

Answer 1

The economy is considered an important social institution because it directly facilitates the supply of useful products. The economy plays a crucial role in production, distribution, and consumption of goods and services, which are essential for meeting the needs and wants of individuals and society as a whole.