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Function of economics

Updated: 8/22/2023
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9y ago

Best Answer

The government oversees the production of goods and services

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Cristobal Kuhlman

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2y ago
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11y ago

The cows are needed for meat and after the war all the cows were gone because all the people from the war needed some food and supplies and somewhere to live so that's why why the people from the war killed all the cow for food and supplies.

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14y ago
TWO MAJOR FUNCTIONS OF MANAGERIAL ECONOMICS:-

1. Decision making

2. Forward planning

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9y ago

A purpose of economics is to understand how money works. Other purposes include learning about historical economies and the effects of those economies.

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12y ago

i think the main purpose of economic institution in society is providing goods and services to the society.

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13y ago

To satisfy human needs and wants in an efficient way.

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