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i need your answer as soon as possible..........please,,,,,ty!!!^_^

2007-06-06 22:20:01 · 3 answers · asked by kara 1 in Education & Reference Homework Help

3 answers

ec·o·nom·ics (ĕk'ə-nŏm'ĭks, ē'kə-) pronunciation
n.

1. (used with a sing. verb) The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
2. (used with a sing. or pl. verb) Economic matters, especially relevant financial considerations: “Economics are slowly killing the family farm”

2007-06-06 22:24:18 · answer #1 · answered by Jeff S 5 · 0 0

Economics is the social science that studies the production, distribution, and consumption of goods and services.

2007-06-06 22:35:04 · answer #2 · answered by jsardi56 7 · 0 0

economics is the science which deals with the universal problem of allocating our scarce resources to satisfy our unlimited wants and needs. economic problems exist simply because the world's resources are scarce, while our society's needs know no bounds.

2007-06-06 22:53:51 · answer #3 · answered by -c. 2 · 0 0

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