English, asked by albasheerabdilla, 4 months ago

Explain your own defination of what is Economics is and its historical background.

Answers

Answered by panwarayush492

Explanation:

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.

Economy.

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