asked 19.7k views
0 votes
Economics is the study of what?

asked
User Fazal
by
7.3k points

2 Answers

2 votes

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.

answered
User Thrakbad
by
7.6k points
4 votes

economics can be defined in a few different ways its the study of scarcity the study of how people use resources and respond to incentives or the study of decision making. i hope this help you

answered
User CEeNiKc
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.