Write economics in brief.
Answers
Answer:
Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. It focuses heavily on the four factors of production, which are land, labor, capital, and enterprise.
Explanation:
hope it is helpful mark as brainleist
Explanation:
Economics can be defined as the study of the production and distribution of goods and services within a society. However this is a very broad definition that may seem little helpful for understanding what economics is really about, especially for beginners.
In order to comprehend the given definition we first need to be able to think like an economist, at least to a certain degree. Thus, to start off it seems useful to take a look at some of the most basic economic principles, before diving into the world of fancy definitions and technical terms.