Answer:
<h2>FALSE</h2>
<h2>(DO NOT COPY IF WRONG)</h2>
Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.
This site might help you. I did a report on him. History.com/topics/us-presidents/john-adams