what economy??? give us AD and we will shot :P
lolumbia is economy country ;) fuuuuÂ
AnÂ
economy (fromÂ
Greek οίκος – household and νÎμoμαι – manage) is an area of theÂ
production,Â
distribution, orÂ
trade, andÂ
consumption ofÂ
goods andÂ
services by different agents. Understood in its broadest sense, The economy is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources.
 Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certainÂ
currency. However, monetary transactions only account for a small part of the economic domain.Economic activity is spurred by production which uses natural resources, labor, and capital.It has changed over time due toÂ
technology(automation, accelerator of process, reduction of cost functions),Â
innovation (new products, services, processes, expanding markets, diversification of markets, niche markets, increases revenue functions) such as, that which produces intellectual property and changes inÂ
industrial relations (for example,Â
child labor being replaced in some parts of the world withÂ
universal access to education).A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of human practices and transactions. It does not stand alone.AÂ
market-based economy is one whereÂ
goods andÂ
services are produced and exchanged according toÂ
demand andÂ
supply between participants (economic agents) byÂ
barter or aÂ
medium of exchange with aÂ
credit orÂ
debitÂ
value accepted within the network, such as a unit of currency.AÂ
command-based economy is one where political agents directly control what is produced and how it is sold and distributed.AÂ
green economy isÂ
low-carbon, resource efficient, and socially inclusive.In a green economy, growth in income and employment is driven by public and private investments that reduce carbon emissions and pollution, enhance energy and resource efficiency, and prevent theÂ
loss of biodiversity andÂ
ecosystem services.
A gig economy is one in which short-term jobs are assigned via online platforms
 and a programmable economy is the set of revolutionary changes taking place in the global economy due to technology innovations.
 ✓.
New Economy is a term referred to the whole emerging ecosystem of Economy where new standards and practices were introduced, usually as a result of Technological Innovations or Advancements.