Economy is a term used to describe the system of production, distribution, and consumption of goods and services in a society. It encompasses all the activities related to the creation and exchange of wealth within a country or region. The economy can be divided into different sectors, such as agriculture, manufacturing, and services. The performance of an economy is often measured by indicators such as gross domestic product (GDP), inflation, and unemployment rate. The study of economics involves analyzing the behavior of individuals, businesses, and governments in relation to the economy. It also involves examining the factors that influence economic growth and development, such as technology, natural resources, and government policies. While there are different economic systems, such as capitalism, socialism, and communism, most modern economies are mixed economies that combine elements of different systems.