national economy
A national economy refers to the economic activities and financial systems of a specific country. It encompasses the production, distribution, and consumption of goods and services within that nation. Key components include industries, labor markets, and government policies that influence economic growth and stability.
The national economy is often measured using indicators such as Gross Domestic Product (GDP), unemployment rates, and inflation. These metrics help assess the overall health of the economy and guide policymakers in making decisions that affect businesses, consumers, and investors.