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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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Example of a direct observation?
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here is a indirect observation so you know also
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3 years ago
Mahenjo-Daro and harapa? how are the to sources diffrent
Helga [31]

Answer:

Mohenjo Daro and Harappa are the two great cities of the Indus Valley Civilization.

Mohenjo Daro is mostly known for the bronze dancing girl figurines and the statue of the priest-king where as Harappa is known for its red and gray sandstone torso figurines.

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On the hand, Mohenjo Daro is located in the middle of a flood plain of River Indus and that too on a Pleistocene ridge. It is about twenty eight kilometers from the city of Larkana.

8 0
3 years ago
Sarah, an infant of seven months, loves repeatedly hitting a toy that lights up and plays music on impact with her toy hammer. s
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6 0
3 years ago
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Answer:

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Explanation:

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