Economics is primarily the study of:

Question

Quizplus · Accepted Answer

Economics is the study of how societies allocate scarce resources among competing wants and needs. It is concerned with the production, distribution, and consumption of goods and services. While the concept of greed may sometimes come up in economic analysis, it is not the primary focus. Similarly, while firms and investors may be studied in relation to economic activity, they are not the sole or primary focus of the field.

Economics Is Primarily the Study Of