1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
How was 1977 and a important in the region
photoshop1234 [79]

Answer:

The Ogaden War

Explanation: The Ethio-Somali War or the Oganden war, was a military conflict fought between Somalia and Ethiopia from July 1977 to March 1978 over the Ethiopian region of Ogaden. The conflict began with the Somali invasion of Ethiopia.

7 0
2 years ago
The ten comandments and the five pillars of wisdom are similar in that they
DIA [1.3K]
They outline a guide to the life of the followers of their religions

4 0
3 years ago
Read 2 more answers
.__________ is the branch of the social sciences that systematically studies the theory and practice of government. It includes
Andreas93 [3]
Hello,

Here is your answer:

The proper answer to this question is "government".

Here is how:

The government is the branch that gives certain information about peoples <span>description, analysis, and prediction of the political behavior of that person.

Your answer is government.

If you need anymore help feel free to ask me!

Hope this helps!</span>
5 0
3 years ago
Geography was important to the development of humans because?
diamong [38]

Answer:

Cultural geographers study how the natural environment influences the development of human culture, such as how the climate affects the agricultural practices of a region. ... For example, health geographers create maps that track the location and spread of specific diseases.

Mark my answer as brainliest please! XD

6 0
3 years ago
__________ is the threat of something that may overthrow the authority in a nation.
mars1129 [50]


Subversive Activity,Have a good day

Hope this helps!
5 0
3 years ago
Other questions:
  • How has globalization made countries more independent,
    15·1 answer
  • How does complex technology affect competition?
    7·1 answer
  • Where is the lit side of the moon during a new moon.​
    11·1 answer
  • The Monitoring the Future study indicates that recent (2011) alcohol consumption among high school seniors is down substantially
    12·1 answer
  • the word cafeteria comes from a the Spanish word cafeteria which means coffee shop is is a cultural diffusion or no
    9·1 answer
  • On his way to buy a snack,Jed sees an ad that simply shows one juicy hamburger.Rather than getting ice cream as he had planned,J
    7·1 answer
  • Angelo and his wife just had their last child move out of the house. He and his wife had lived vicariously through their childre
    5·1 answer
  • Which number represents the Ganges River? <br><br>A). 1<br><br>B). 2 <br><br>C). 3 <br><br>D). 4
    11·1 answer
  • Psychology review:
    10·2 answers
  • What are people doing when they invest their money? 100 points
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!