Question

Classification human arm and alligator

Answer 1

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.

Explanation:

The study of economics helps people understand the world around them. It enables people to understand people, businesses, markets and governments, and therefore better respond to the threats and opportunities that emerge when things change.

The three competing theories for economic contractions are: 1) the Keynesian, 2) the Friedmanite, and 3) the Fisherian. The Keynesian view is that normal economic contractions are caused by an insufficiency of aggregate demand (or total spending).

Finance focuses on how money flows through the market, including business, personal and institutional finances. ... Economics might be the better option although students can take double or combined majors in financial economics to benefit from both.

Consumption and Management discovers and elaborates three rules: natural economic law, market regulation law, and the law of macro-economic control.