The correct product that is not an object or something that can be owned by someone is called an economic.
An economic is termed as the branch or the study of social science that studies the various patterns of production, distribution, and consumption of goods and services.
An economy is a place where economic activities take place and to continue these activities the economic branch of study is performed to conduct the various activity.
Thus, an economy is a product or the branch of the study of various economic activities.
Therefore,the correct option is the first one.
To know more about the product and the economic activities, refer to the link below:
https://brainly.com/question/1969315
