Accountancy, asked by sumanth1gmailcom, 1 year ago

what is economics? and who is the father of economics

Answers

Answered by Anonymous

Adam Smith is regarded as the father of modern economics. Economics is the social science that deals with the production,d distribution and consumption of goods and services.

Answered by doremoon

economics studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs, and tries to determine how these groups should organize and coordinate efforts to achieve maximum output.

Adam Smith was renowned as the father of modern economics

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