asked 107k views
3 votes
What is economics mean?​

2 Answers

5 votes

Answer:

Economics is a social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. It focuses on the behavior and interactions of economic agents and how economies work

Step-by-step explanation:

answered
User Gabe
by
8.6k points
3 votes

Answer:

Economics is a social science that deals with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and societies make choices about how to use resources to satisfy their wants and needs. The field of economics is concerned with understanding and analyzing the behavior of markets, including supply and demand, pricing, and the allocation of resources.

Step-by-step explanation:

answered
User Dion Groothof
by
8.8k 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.