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madreJ [45]
3 years ago
12

Economics is the social science concerned with the best use of scarce resources to achieve maximum satisfaction of economic want

s.
True / False.
Social Studies
1 answer:
slavikrds [6]3 years ago
3 0

Answer:

The given statement is true.

Explanation:

Economics is defined as the science of utilization of scarce resources so that the collective needs of the society are fulfilled to the most extent resulting in the most efficient use of the resources.

Since in the world many resources are limited thus we need to use them in the most efficient way so that all the collective needs of the society are fulfilled so that each individual of the society gets his/her fair share of the resources and thus society progresses as a whole with the utilization of these resources.

In advance economic studies economics can be differentiated into macroeconomics and microeconomics each have their individual roles in understanding transfer of goods and services.

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Cezanne's the basket of apples is full of what appear to be "mistakes" but are actually
Alex Ar [27]
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3 years ago
Do you sympathize more with the rural workers of massachusetts or with the nationalists led by george washington? are the views
Makovka662 [10]

Answer and Explanation

Sympathy for the rural workers, many who were underpaid veterans of the Revolutionary War. It was all or nothing for Shay despite the fact that he broke the law. Reconcile.the views of these different groups are  irreconcilable  

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6 0
3 years ago
) how do proponents of the mid-life crisis and the life events perspective approach middle age differently?
Leno4ka [110]

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To know more about proponents of mid-life crisis

brainly.com/question/11847787

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4 0
1 year ago
A recent study by specht, egloff, and schukle found that _____ showed a continuous increase from early adulthood to late adultho
Svetradugi [14.3K]
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Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
8 0
3 years ago
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