Economy, asked by bakyashree06, 3 months ago

What is economics????????????​

Answers

Answered by ankitvishwakarma3928
7

Answer:

Economics is the social science that studies how people interact with things of value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

Answered by anurupasaikia188
1

Explanation:

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions. ... Scarcity means that human wants for goods, services and resources exceed what is available.

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