Question

1. Define Economics.​

Answer 1

Answer:

Economics is the social science that studies how people interact with things of value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

Explanation:

Hope it helps you

Answer 2

Answer:

Hey friend,✨

here is the answer

$Define \: economics$

Economic is the branch of science that studies economic activities relating to production, distribution and consumption. It is also the study of man and society. It's study enables us to find solutions to socio-economic problems and to understand the emerging world economic conditions.

________________________________________________________

1). The basic economics problems are what, how and for whom to produce.

2). The studies of economics is very significant as it studies not only the production, distribution and consumption of wealth, but also the human resources

3). Economics is defined differently during different periods.

4). India's contribution to economics is significant

__________________________________________________

Hope it helps you⛄