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What is economics and economy

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What is economics and economy

Posted by Taresh Kumar 6 years, 8 months ago

CBSE > Class 11 > Economics

3 answers

Khushii Verma 6 years, 8 months ago

Economy is a place where people interaction with each other with motive of earning money for themselves .. Economy is a branch of knowledge that studys consumption , production , exchange and distribution of wealth

Demons King 6 years, 8 months ago

Economics is a subject in we study about the economic problems of human life which arise due to 2 reasons which are scarce resources and these resources have their alternative uses. Economy is a system by which people of an area earn their living

Rahul Adhikari 6 years, 8 months ago

Economics is a relationship between scarce resources and their alternative uses. Economy is a system by which people earn their livelihood or economy can be defined as the language of economics

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