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Explain the concept of economic

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Explain the concept of economic

Posted by Jenny Kumar 6 years, 5 months ago

CBSE > Class 11 > Economics

2 answers

Banak . 6 years, 5 months ago

Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work Hope it was useful?...

Sharmi Mandal 6 years, 5 months ago

Economics is the study of how people and society choose to employ scarce resources that could have alternative usesin order to produce different commodities that satisfied human wants and to distribute them for consumption by various person and society. Hope it helps!

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