Question

An economy is created by the interactions between which two groups of people? A. Politicians and teachers B. Entrepreneurs and economists C. Producers and consumers D. Business and social entrepreneurs Please select the best answer from the choices provided A B C D Mark this and return

Answer 1

Answer:

C. Producers and consumers

Explanation:

The term economy refers to production, distribution, trade, and consumption of goods and services. Economy is based on the interaction between producers and consumers, which we may consider to be the source of money in a country. Without these two groups of people, there can be no word about the economy. If a producer doesn't exist, there is no product, and if there is nothing to consume, there are no consumers or trade, which means that there is no source of income either.

Answer 2

Answer is C. Producers and consumers

Hope this helps!!