Economics includes the study of how to improve society.

Question

Quizplus · Accepted Answer

Economics is not just about studying money and markets, but also about how to improve the well-being of society through policies and strategies that promote growth, stability, and public welfare. This includes addressing issues such as poverty, inequality, unemployment, education, healthcare, and the environment. Therefore, economics is a social science that seeks to understand and solve real-world problems faced by individuals, communities, and nations.

Economics Includes the Study of How to Improve Society