Science, asked by jennifer5685, 7 months ago

What is economic ??????​

Answers

Answered by Anonymous
23

Answer:

Economic is a social science that deals with the production,distribution and consumptions of good and service.

Answered by prabhleenkaurmallan
2

Answer:

Explanation:

What Is Economics?

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output.

Economics can generally be broken down into macroeconomics, which concentrates on the behaviour of the aggregate economy, and microeconomics, which focuses on individual consumers and businesses.

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