Sociology, asked by solution7630, 1 year ago

Explain the Importance of study of Economics.

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Answered by dolly1234567895

3

The role and importance of studying economics. Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources and how they interact with each other in producing and maintaining livelihoods.

Answered by Yauvan

2

The role and importance of studying economics. Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources and how they interact with each other in producing and maintaining livelihoods.

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