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Economics is the study of how society __?

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Answer: manages its unlimited wants and limited resources

Step-by-step explanation:

User Muhammed K K
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Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people

A bit more info: Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.

User Nick Wiltshire
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