An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Economy is one of the important fundamental elements of society. Economy define a certain country if it is a growing economy. Good economy is a productive economy. As i view our current situation of our economy it is in the middle of falling or upping situation, but in past days due consecutive wide inflations of goods and the breaking down of value of peso we are in the edge of end economy.