Social Sciences, asked by Anonymous, 1 day ago

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1}What is economics?
2} Who is the father of Economics?


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Answers

Answered by akanshtanwar4
2

Answer:

1) Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility..

2) Adam Smith

Adam Smith was an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics. Smith is most famous for his 1776 book, "The Wealth of Nations."

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Answered by llAestheticKingll91
2

Explanation:

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Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work

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