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An Economist studies the production distribution and consumption of goods and services

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Which person studies the production .distribution and consumption of goods and services?

An Economist studies the production distribution and consumption of goods and services


Who studies in production distribution and consumption?

economics


Is economics is a science or art or both?

Economics is a Social Science, It studies the production, distribution, and consumption of good ans services.


Define economics using the following terms allocation distribution goods resources production and services?

I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.


How do you define economics?

Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management.


What social science is described as people government and societies choose how to use scarce resources I produce items for consumption?

Economics is the social science that studies how individuals, governments, and societies make choices on how to allocate resources to produce goods and services for consumption. It deals with the production, distribution, and consumption of goods and services within a society.


What type of social scientist primarily studies how people change resources into goods and services?

An economist primarily studies how people change resources into goods and services. Economists examine the production, distribution, and consumption of goods and services within an economy to understand factors such as supply and demand, pricing, and resource allocation.


How is an economist defined?

An economist is a scientist specializing in the field of economics, which is the social science that studies human activity directed toward the production, distribution, and consumption of goods and services.


How is anthropology related to sociology and economics?

Anthropology studies humans in a holistic way, while sociology focuses on societal structures and dynamics, and economics studies the production, distribution, and consumption of goods and services. However, all three disciplines are interconnected in their study of human behavior, culture, and social systems, providing complementary perspectives on how societies function and change.


What does an econimist do?

An economist studies and analyzes the production, distribution, and consumption of goods and services. They use economic theories and data to provide insights and make predictions about the behavior of individuals, businesses, and governments in various economic systems. Economists often work in academia, government, or industry to inform decision-making and policy development.


Economics is sometimes called the science of what?

Economics is sometimes called the science of scarcity because it studies how societies allocate limited resources to fulfill unlimited wants and needs. This involves analyzing production, consumption, and distribution of goods and services to understand how individuals and societies make choices to address scarcity.


What is the definition of producer in social studies?

In social studies, a producer is an individual or organization that creates goods or services to satisfy the demands of consumers in the market. Producers play a critical role in the economy by utilizing resources to produce goods and services for consumption or further production.