Question

An economy is created by the interactions between which two groups of people? (Select the best answer.)

Question 3 options:

Politicians and teachers


Entrepreneurs and economists


Business and social entrepreneurs


Producers and consumers

Answer 1

An economy is created by the interactions between producers and consumers.

Answer 2

Answer: Producers and consumers

Explanation:

 An economy is the term which refers to the system of the production, distribution, trade and the consumption different types of services and the product in the specific area.

Economy is basically created by the producers and the consumers interactions. In most of the economics, the money of the services the different types of products are paid by the consumers.

 As, the consumer is the person that buys the services and the product to run its company and organization. The producer is the person who produces the different types of products and services.