Question

Economics is the study of producing and goods and services.

Answer 1

The government makes decisions that affect. Company LOGO Economics. Objective #1- Market Systems I.Economics -Study of production, distribution, and consumption of goods and services. ...  An economic system is a country's way of using limited resources to provide goods and services.

Answer 2

Economics is the study of producing goods and services.

• Economics is a social science that studies how products and services are produced, distributed, and consumed.
• It investigates how individuals, businesses, governments, and nations make resource allocation decisions.
• Human behaviours are the centre of economics, which is founded on the notion that humans act rationally, seeking the highest amount of benefit or value.
• The sciences of labour and trade are the foundations of economics.
• Because there are so many distinct uses for human labour and so many various ways to acquire resources, economics must establish which approaches produce the best results.