अर्थव्यवस्था क्विज़

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Questions and Answers

What does an economy encompass?

An economy encompasses the production, distribution, trade, and consumption of goods and services.

What are the main factors involved in a given economy?

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

Who are the economic agents in a given economy?

The economic agents in a given economy can be individuals, businesses, organizations, or governments.

When do economic transactions occur?

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. Signup and view all the answers

What is the economic domain?

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

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. Signup and view all the answers

Who can be the economic agents in an economy?

Individuals, businesses, organizations, or governments. Signup and view all the answers

When do 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. Signup and view all the answers

How is an economy defined?

As a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of scarce resources. Signup and view all the answers