Economy, asked by vinayakkadlimatti33, 1 year ago

what is meaning of economics and it's importance

Answers

Answered by swayamsradhasahoo

Answer:

As its core,economics is the study of how humans make decisions in 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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