explain the modern definition of economics
Answers
Answered by
0
According to Samuelson, 'Economics is a social science concerned chiefly with the way society chooses to employ its resources, which have alternative uses, to produce goods and services for present and future consumption'.
Similar questions
Math,
4 months ago
Physics,
4 months ago
English,
4 months ago
Computer Science,
7 months ago
Social Sciences,
7 months ago
English,
1 year ago
Science,
1 year ago