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.
the economy in my country is not good as of now,because of the continuously high rate of the philippines especialy of the basic needs of the people,but philippines is primarily considered a newly industrialized country