Economy, asked by himanshimeerwal99, 3 months ago

what is meaning of economics??​

Answers

Answered by MrNishhh
8

Answer:

A standard definition of economics could describe it as: a social science directed at the satisfaction of needs and wants through the allocation of scarce resources which have alternative uses. We can go further to state that: economics is about the study of scarcity and choice.

Answered by harry366784
3

Explanation:

A standard definition of economics could describe it as: a social science directed at the satisfaction of needs and wants through the allocation of scarce resources which have alternative uses. We can go further to state that: economics is about the study of scarcity and choice.

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