Economy, asked by preetibiswasvivo2019, 6 months ago

what is economics? why it is important to study economics ? give four reasons​

Answers

Answered by subudhianima
0

Answer:

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.

  • You'll Expand Your Vocabulary
  • And Put It Into Practice
  • You’ll Understand Your Own Spending Habits
  • You’ll Learn How to Leverage Economic Tools

Answered by shubhangisax8081
0

Answer:

Economic is the branch of knowledge concerned with the production, consumption, and transfer of wealth.

Who opts economics come away with strong analytical and problem-solving skills, as well as business acumen necessary to succeed in the professional world.

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