answersLogoWhite

0

Economics is about the production and distribution and ownership and taxation of goods, services, and wealth.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Economics can best be described as the study of?

Economics is described as the study of production, distribution, and consumption of goods an services, along with the transfer of wealth.


What is the study of how goods can be produced more quickly?

Expansion


What kind of geographers study the exchange of goods and services?

No


The study of economics focuses on?

production,distribution, and consumpition of goods and services


What is the study of how fairly goods and services are distributed within society?

Economics


What does the study of economics focus on?

what scarce resources are used to produce goods and services.


What is econnomics?

Economy is the distribution of goods, services, and money. Economics is the study of the economy.


How best to define economics summarized?

study island: the study of systems of production, resources, and distribution of goods and services


What geographers study the exchange of goods and services?

Economic geographers study the exchange of goods and services within a spatial context, analyzing patterns in trade, transportation networks, and market dynamics. They examine how factors such as distance, infrastructure, and government policies influence the flow of goods and services between regions and countries.


The study of the production of goods and services would most likely be conducted in what social sciences?

The study of the production of goods and services would most likely be conducted in the field of economics. Economics focuses on the allocation of resources to produce goods and services efficiently and how individuals, businesses, and governments make decisions related to production.


What is the circular flow of economic activity?

[NovaNet] the movement of income from producers of goods and services to consumers, and back to producers. [Study Island] Consumer spending drives demand for goods and services.


Why would an economist want to study old or new advertisements receipts and coupons?

They study the consumers who buy those goods and services.