- - An economic system that meets the needs of people and society by creating and utilizing the necessities of life a. economy b. economic categories c. economic relations d. economix

The correct answer is a. economy.<br /><br />An economy refers to the system of production, distribution, and consumption of goods and services within a particular geographic or political boundary. It encompasses the activities and interactions that take place within a society to meet the needs and wants of its members. An economy aims to efficiently allocate resources, create and utilize goods and services, and ensure the well-being of individuals and society as a whole.