Taken together,the social arrangements that organize the production,distribution,and consumption of goods in a society constitute its

A) goods and services.
B) economy.
C) private sector.
D) primary economy.

Consumption

The act of using goods and services to satisfy needs and desires, often analyzed in economics and environmental sciences for its effects on society and the planet.

Distribution

in economics, refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labor, land, and capital).

Production

The process of creating, manufacturing, or producing goods and services, involving labor, raw materials, and tools to fulfill human wants or needs.