Economics is the social science that studies the production, distribution, and consumption of goods and services. It analyzes how individuals, businesses, and governments make choices regarding resource allocation and the implications of these choices on overall economic systems and societal welfare.
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Economics is the social science that studies the production, distribution, and consumption of goods and services. It analyzes how individuals, businesses, and governments make choices regarding resource allocation and the implications of these choices on overall economic systems and societal welfare.
