Economics is the study of:

Question

Quizplus · Accepted Answer

Economics is the study of how society uses limited resources to fulfill unlimited wants and needs. It involves analyzing how individuals, businesses, and governments make decisions about allocating resources such as land, labor, and capital to produce goods and services. Money and financial markets are a part of economics, but not the sole focus. Government officials do play a role in economic decision-making, but economics goes beyond just their role. Similarly, investing in the stock market is one aspect of economics, but not the core focus.

Economics Is the Study Of