Give a perfect definition of economics
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ᴇᴄᴏɴᴏᴍɪᴄs :
the study or principles of the way money, business and industry are organized
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It is most Simple and concise definition, economys is the study of how society use its limited resources.
Economics is the social science bed deals with the production
Explanation, distribution and consumption of goods and services.
Hope it's help you
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