பொருள் மற்றும் சேவைகள் பற்றிய வினாவ
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Questions and Answers

What is an economy?

An economy is an area of the production, distribution and trade, as well as consumption of goods and services.

What are the main factors involved in a given economy?

Culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources are the main factors involved in a given economy.

Who can be economic agents?

Economic agents can be individuals, businesses, organizations, or governments.

When do economic transactions occur?

<p>Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.</p> Signup and view all the answers

What does the economic domain represent?

<p>The economic domain is a social domain of interrelated human practices and transactions that does not stand alone.</p> Signup and view all the answers

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