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
irinina [24]
2 years ago
15

What is economics? give me one paragraph

History
2 answers:
Dmitrij [34]2 years ago
5 0

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility. The building blocks of economics are the studies of labor and trade. Since there are many possible applications of human labor and many different ways to acquire resources, it is the task of economics to determine which methods yield the best results.

Explanation:

aliya0001 [1]2 years ago
4 0

Answer:

Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.hope this helps

You might be interested in
Which of the following is true of judges and justices in the federal court system?
DENIUS [597]

Answer: This would be E.) They are appointed by the president with the advice and consent of the Senate

Explanation:

8 0
2 years ago
Europeans exploited the land of the Americas in the 1400s and 1500s because they wanted to
viva [34]
Find gold, have freedom to worship as they pleased, and simply to have a better life.
5 0
3 years ago
Read 2 more answers
In order to win support for the constitution what did the fed retaliate promise to add
sergiy2304 [10]
Is it The Bill of Rights
5 0
3 years ago
Read 2 more answers
An ionic compound is also known as
Alla [95]
A)an acid
I hope this help you
4 0
3 years ago
Why did Athens have olive oil and wine to trade with other places?
geniusboy [140]

Athens is located in Greece, and Greece is a country that has a Mediterranean climate. The Mediterranean climate, as well as the soil type in Greece, is a natural place for the growth of olive trees and wine trees that produce fruits of high quality. Athens used this, and by making products from both of these trees, olive oil from the olive trees, and wine from the wine trees, they were making a lot of wealth because of this products were in high demand and not many places had the conditions for growing these trees and making products from them. Also Athens was very active in the sea trade and had contacts all over the Mediterranean, and that just opened up a larger market for their products.

7 0
3 years ago
Other questions:
  • Why is it useful to study the Nacirema civilization?
    11·1 answer
  • Which combination of Federal Reserve and Congressional actions would be best to fight inflation?
    10·2 answers
  • Population distribution in Europe and Russia is most impacted by
    12·1 answer
  • Why is the document written
    5·2 answers
  • What was life like on a plantation
    8·2 answers
  • In your own words, compare and contrast the French and the Spanish who came to the New World. Identify one way in which they wer
    5·2 answers
  • Began during presidency of John Q. Adams Tariff of 1828 and 1832 States’ rights versus Federal authority John C. Calhoun’s ‘Proc
    7·1 answer
  • According to tradition, Buddhism originated when Siddhartha Gautama
    11·2 answers
  • In China, government workers were appointed based on how well they answered questions on an exam about which philosopher's ideas
    8·1 answer
  • Which idea of John locke affected how the colonists viewed the government in England
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!