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Business Studies

Advantages and Disadvantages of Outsourcing

refers to var...

Question

_______ refers to various activities related to the production, distribution and consumption of goods and services in a certain geographical region.

A

Political Sovereignty

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B

Sectoral Distribution

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C

An Economy

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D

National Resources

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Solution

The correct option is C An Economy
Various activities related to the production, distribution and consumption of goods and services in a certain geographical region is called an economy. Economy deals with careful management of available resources.

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