343,663 views
4 votes
4 votes
Why economics is considered as a social science? (answer it in your own words)​

User Fahd Lihidheb
by
2.9k points

2 Answers

25 votes
25 votes

Answer:

economics means production of goods manufacturing and distributing

it means how business takes place so its important for business and governments

hope it helped

User Itsjeyd
by
3.1k points
9 votes
9 votes

Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behavior of individuals, groups and organizations. Economics attempts to explain economic behavior, which arises when scarce resources are exchanged.

User Ricardo Bocchi
by
2.9k points