Question

How is the economic way of thinking more than just money, budgets, and the stock market?

*Some good terms to consider when composing your answer are scarcity, choices, costs, and benefits.          2-5 sentences.

Answer 1

The economic way of thinking is more than money, budgets,and the stock market. this is because when thinking of the economy, it includes the community and choices must be made to improve it. some economic decisions are costly, and could negatively affect the economy by making the costs of things skyrocket, ruining benefits of others that relied on them and will now put jobs and businesses into bankruptcy.