Identify the correct definition of economy. Click or tap a choice to answer the question. an exchange of goods and services one for the other a practice in which a nation-state extends power beyond its own borders over an extended period of time to secure access to certain commodities in other regions a system of financial transactions within a country a cultural adaptation that enables a group of humans to use land, resources, and labor to satisfy their needs

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27-06-2022
Business

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Identify the correct definition of economy. Click or tap a choice to answer the question. an exchange of goods and services one for the other a practice in which a nation-state extends power beyond its own borders over an extended period of time to secure access to certain commodities in other regions a system of financial transactions within a country a cultural adaptation that enables a group of humans to use land, resources, and labor to satisfy their needs

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jayilych4real jayilych4real · Answer 1 · 2022-06-29T16:46:16+02:00

The correct definition of an economy from the list of options is a cultural adaptation that enables a group of humans to use land, resources, and labor to satisfy their needs

What is Economy?

This refers to the production of goods and the distribution of the goods to people to satisfy a need.

Hence, we can see that the correct answer that gives the best definition of an economy is the last option as it shows the use of land and other resources to satisfy their needs.