Question

CLASS
SUBJECT:SOCIAL SCIENCES ECONOWE
Chapter-1: Factors of production
1. Define economics.
Ans: Page no 323(The term 'Economics' was...
problems of scarcity)​

Answer 1

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.

Explanation:

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Answer 2

Answer:

sorry, friend.

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