Economy, asked by gengkie18, 3 months ago

Define economics in your own words

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Answered by RahulNaik20

0

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. ... The building blocks of economics are the studies of labor and trade.

Explanation:

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Answered by ashauthiras

0

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:

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