what does nature of economy mean??
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The nature of economics is the study of wealth, human behaviour and scarce resources and their utilisation. Economics is considered as a science as well as art because it includes the continuous and systematic study of facts, and all laws are tested and based on the experiments with a full explanation.
Answered by
3
Answer:
The nature of economics is the study of wealth, human behaviour and scarce resources and their utilisation. Economics is considered as a science as well as art because it includes the continuous and systematic study of facts, and all laws are tested and based on the experiments with a full explanation.
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