The economy organizes the production, distribution, exchange, and consumption of goods and services.

### True

## Step1: Understanding the statement### The statement is about the role of the economy in an organized society. It states that the economy is responsible for organizing the production, distribution, exchange, and consumption of goods and services.## Step2: Analyzing the statement### The economy indeed plays a crucial role in organizing these processes. It determines what goods and services are produced, how they are distributed, how they are exchanged, and how they are consumed. This is done through various mechanisms such as market prices, government regulations, and social norms.## Step3: Confirming the statement### Given the role of the economy in organizing these processes, we can confirm that the statement is true.