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Economics is about conserving scarce that you need to produce the goods for people to buy?
Wiki User
∙ 12y ago
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Wiki User
∙ 12y ago
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Which of these statement is false Economics is anout conserving scarce resources Economics is about the use of scarce resources?
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
People government and societies choose how to use scarce resources to produce items for consumption?
4 economics
People government and society choose how to use scarce resources and to produce items for consumption?
4 Economics
People government and societies choose how to use scarce resources to produce items for consumption.?
4 Economics
What does the study of economics focus on?
what scarce resources are used to produce goods and services.
Which of these statement is false Economics is anout conserving scarce resources Economics is about the use of scarce resources?
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
People government and societies choose how to use scarce resources to produce items for consumption?
4 economics
People government and society choose how to use scarce resources and to produce items for consumption?
4 Economics
People government and societies choose how to use scarce resources to produce items for consumption.?
4 Economics
What does the study of economics focus on?
what scarce resources are used to produce goods and services.
Why is economics classified as social science?
Economics is classified as a social science because it aims, through observations and models, to explain how people manage and utilize scarce resources to accomplish something, and the three main questions that economics answers are how to produce, what to produce, and for whom.
The economizing problem of economics is..........?
That productive resources are scarce relative to economic wants.
Government and societies choose how to use scarce resources to produce items for consumption.?
4 Economics
The decision on how to use scarce resources to produce items for consumption would be explored in which of these social sciences?
economics
What is the study of how society manages its scarce resources?
Economics
Why is scaraity neaessary?
It is not necessary as such, but simply there. Scarce resources form the basis of economics, as it is essentially about determining which uses scarce resources will flow into. As we can't produce all we want with the given resources, it has to be determined what those resources will be used for.
Is the study of how society manages its scarce resources?
Economics
