Economy, asked by kshirsagarvaishali53, 6 months ago

Q-6.) What is the importance of Economics?

Answers

Answered by japjit22

1

Answer:

Economics is the important you get to know how societies, governments, businesses, households, and individuals allocate their scarce resources. The economics can also provide valuable knowledge for making decisions in everyday life. Economics is concerned with the optimal distribution of resources in society.

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