Get premium membership and access questions with answers, video lessons as well as revision papers.

Define the term economics

      

Define the term economics.

  

Answers


Felix
Economics is a social science which studies the allocation of scarce resources that have potential alternative uses among the competing and limitless wants of consumers in the society.

Anganifelix answered the question on December 8, 2018 at 11:32


Next: Explain what are quadrilaterals giving an example
Previous: Discuss the scope of Economics

View More Economics Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions