How does the economy work?

To learn basics of economy, click here.

An economy is a financial ecosystem of a region or country, generated based on the production, distribution, exchange, and consumption of goods and services inside it. In a healthy economy, inflation and unemployment remain in balance.

The economy of a country works based on these fundamentals:

Bottom line

The economy is a massive word and can’t be understood easily. However, if you are able to comprehend its core functionalities, it will become interesting for you.