WHAT IS ECONOMICS FROM YOUR PERSPECTIVE ?

[Mimi]

What is economics?
This is a question that has so many answers depending on your perspective, As far as I am concerned I understand Economics as a social science that deals with the production, distribution, and consumption of goods and services. It is concerned with how individuals, businesses, governments, and other organizations allocate resources to satisfy their wants and needs. what is economics from your point of view?

[Uruhara]

What is economics?
This is a question that has so many answers depending on your perspective, As far as I am concerned I understand Economics as a social science that deals with the production, distribution, and consumption of goods and services. It is concerned with how individuals, businesses, governments, and other organizations allocate resources to satisfy their wants and needs. what is economics from your point of view?

Talking about Economics, it is actually a simple thing. Because economics is indeed a science or insight related to how to make a person or group meet their needs in life. And all of this is done by utilizing the resources available around him and within him. Such as natural resources and human resources themselves.

So Economics is the science of how to meet life's needs. The economic system used to be based on bartering of goods and now with broader trading methods.

[Dr.Bitcoin_Strange]

 OP, if you ask me, I would tell you that this is actually a low-effort topic that doesn't really contribute to any serious discussion here. Economics is what more than 90% of users in this forum already know about. We don't have babies on this forum, but adult men and women who already know what economics is. I think you should try to add more facts to these kinds of topics, which can make them more interesting to discuss.

 

[Mimi]

What is economics?
This is a question that has so many answers depending on your perspective, As far as I am concerned I understand Economics as a social science that deals with the production, distribution, and consumption of goods and services. It is concerned with how individuals, businesses, governments, and other organizations allocate resources to satisfy their wants and needs. what is economics from your point of view?

Talking about Economics, it is actually a simple thing. Because economics is indeed a science or insight related to how to make a person or group meet their needs in life. And all of this is done by utilizing the resources available around him and within him. Such as natural resources and human resources themselves.

So Economics is the science of how to meet life's needs. The economic system used to be based on bartering of goods and now with broader trading methods.

Wow this is such a nice way to put it thank you for sharing.

[Jokers]

What is economics?
This is a question that has so many answers depending on your perspective, As far as I am concerned I understand Economics as a social science that deals with the production, distribution, and consumption of goods and services. It is concerned with how individuals, businesses, governments, and other organizations allocate resources to satisfy their wants and needs. what is economics from your point of view?

Plagiarized with small editing from https://www.investopedia.com/terms/e/economics.asp

What Is Economics?
Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

Topic is closed.