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Economy is defined as the large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated. Economic system consists of the production, distribution or trade, and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals, businesses, organizations, or governments. Transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
Related Journals of Economy: Business and Management Journals, Hotel & Business Management Journals, Journal of Tourism Research & Hospitality, Journal of Political Economy, Economy and Society. United States, European Journal of Political Economy, Review of International Political Economy, World Economy, Scottish Journal of Political Economy, New Political Economy, Technological and Economic Development of Economy, Review of African Political Economy