Social Sciences, asked by sp254r, 3 months ago

Why do we study Economics?

Please Give me a very short answer very short

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Answered by Anonymous

0

Explanation:

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. ... The ultimate goal of economic science is to improve the living conditions of people in their everyday lives. Increasing the gross domestic product is not just a numbers game.

Answered by Anonymous

1

most shortest..

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. ... The ultimate goal of economic science is to improve the living conditions of people in their everyday lives. Increasing the gross domestic product is not just a numbers game.

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