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Difference between economy and economic.

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Difference between economy and economic.

Posted by Gungun Rai 5 years, 8 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 8 months ago

ECONOMY :-

A system in which resources are allocated to the citizens for their maximum welfare.
Money is the center point.
Social purpose is also included.

ECONOMICS:-

It's the subject we learn to understand the economy.
It helps us to study various principles related to money.
It is a theoritical part.

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