Question

write short notes on importance of economy​

Answer 1

Answer:

These are the short notes on importance of economy

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Answer 2

Answer:

Hi dude

here is your answer..

Explanation:

Importance of economy:

• The idea that individuals weigh up costs and benefits. Economics is important for many areas of society. It can help improve living standards and make society a better place. Economics is like science in that it can be used to improve living standards and also to make things worse.
• Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates and economic growth.

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