Economy, asked by aishwaryajha920, 9 months ago

define economics ? and its features .

Answers

Answered by Anonymous
0

Economics is the science that deals with production, exchange and consumption of various commodities in economic systems. It shows how scarce resources can be used to increase wealth and human welfare. The central focus of economics is on scarcity of resources and choices among their alternative uses.

Answered by shagunpanjwani
0

Answer:

In economics we usually try to look at development as a process of change in economic life of the people, as producersor consumers of goods and services.

Economics is tje realtive discussion of globalisation.

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