Economy, asked by airenellema, 6 months ago

WHAT ARE THE DIFFERENCES OF ECONOMICS AS AN APPLIED SCIENCE AND ECONOMICS IS
AN APPLIED SCIENCE? 100 WORDS.​

Answers

Answered by MuhammdAslam
6

Answer:

Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. ... Applied science is a discipline that applies existing scientific knowledge to develop more practical applications, such as technology or inventions.

Answered by FairyLight
16

Answer:

Economics is the scientific study of the ownership, use & exchange of scarce resources - often shortened to the science of scarcity. Applied science is a discipline that applies existing scientific knowledge to develop more practical applications such as technology or inventions.

Explanation:

Hope this answer will help you dear...

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