Economy, asked by shubham204058, 9 months ago

Identify and explain

Attachments:

Answers

Answered by savithananda

Answer:

1.Individual Wants and Collective Wants:

Personal or individual wants refer to those wants which are only demanded by a single person or an individual. For example, Sachin wants a cricket bat, Baichug Bhutia wants a football, Leander Paes wants tennis-racket etc. These are the personal wants.

2.the part of economics concerned with single factors and the effects of individual decisions

3.an increase in the amount of goods and services produced per head of the population over a period of time.

4.an economy of or reduction in money, time, or another resource.

5.wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.

please mark as the brainliest

Previous Question

Next Question

Similar questions

Math, 5 months ago

pls do these Q17 n Q18 for me its urgent no spam do it showing method...

English, 5 months ago

find out the correct part of speech of the underlined word. 1. unfortunately they haven't been paying on time recently. 2. gone are the days when aworker might sit around the staffroom and gossip 3. I often feel we've forgotten to communicate with our surroundings 4. his brother was sleeping while traveling. 5. he has become a new person since he left drinking liquor. 6.we would not be available...