What is economics?

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What is economics?

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Asked 3/7/2012 10:57:51 AM

Updated 8/30/2014 8:56:40 PM

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This conversation has been flagged as incorrect.

Flagged by alfred123 [8/30/2014 8:48:25 PM], Edited by yumdrea [8/30/2014 8:56:40 PM]

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User: What is economics?

Weegy: Economic means different things to different people. On a broad scale, anything a community does to foster and create a healthy economy can mean economic. Economic sometimes means which is low cost.
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Question

Asked 3/7/2012 10:57:51 AM

Updated 8/30/2014 8:56:40 PM

1 Answer/Comment

This conversation has been flagged as incorrect.

Flagged by alfred123 [8/30/2014 8:48:25 PM], Edited by yumdrea [8/30/2014 8:56:40 PM]

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alfred123

Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an exchange economy.

Added 8/30/2014 8:48:24 PM

This answer has been confirmed as correct and helpful.

Confirmed by yumdrea [8/30/2014 8:56:34 PM]

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