116k views
4 votes
Economics is the study of producing and goods and services.

User Ben Mabey
by
7.3k points

1 Answer

4 votes

Answer:

Economics can be referred to as a part of social science which is generated by the individual and also ended up by the individual.

Explanation:

Economics is a combination of microeconomics which leads to the production, consumption, and distribution of things and money.

The people create the resources as input and have their output as a result of that resources.

So ultimately Economics and individuals are related to each other.

User Halima
by
6.8k points