Ask Question
17 February, 15:25

Economics is the study of how society __?

Answers (2)
  1. 17 February, 15:30
    Answer: manages its unlimited wants and limited resources
  2. 17 February, 16:41
    Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people

    A bit more info: Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.
Know the Answer?