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18 December, 20:55

What are scholars talking about when they discuss economics?

A) how nations acquire wealth

B) how goods are produced

C) how goods are purchased

D) how populations grow in nations

Answers (1)
  1. 18 December, 21:00
    0
    They are talking about how nations acquire wealth.

    Explanation:

    Most of the time, the discussion about Economy is about the wealth of a nation and how it is reflected on the wealth of its people and vice versa. Discussions about Economy are frequent among scholars and radically differ in the many schools of Economy. Keynesians tend to believe that the government should control most of the economy, while the Austrian-Economic school defends that Governments should control nothing at all. Close to the Austrians, but a little less anarchical in comparison, we have the Chicago School, which believe that the government should have little influence over the workings of a nations economy and taxation should be as inexpressive as possible. Each have their own reasons to believe that it is the proper way to generate wealth for the nation and to positively impact the people.
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