Economy, asked by sshrutichoudhary62, 8 months ago

what is meant by
economic​

Answers

Answered by Anonymous
2

Answer:

hilu ❤️

Explanation:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.

Answered by Anonymous
7

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.

Explanation:

this are the some line hope it's helps

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