Question

What is an importance of economics

Answer 1

Answer:

Economics is important for many areas of society. It can help improve living standards and make society a better place. Economics is like science in that it can be used to improve living standards and also to make things worse. It partly depends on the priorities of society and what we consider most important.

Answer 2

Answer:

Economic is important you to get know about government , business, facilities, individual allocated their scare resources It can also provide valuable knowledge for making the decision in everyday life. It is concerned with optical descributries of resources in society