what is economics and functions
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economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services
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Functions of Economies: Production, Consumption and Growth. Article shared by : ADVERTISEMENTS: The three most important functions of economics are as follows: Just as feeding, digestion and growth are the vital processes of living beings; similarly production, consumption and growth are the essentials of economies.
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