The field of economics is most concerned with studying: A. the ways people elect their leaders in a democracy. B. the biological differences between people's wants and needs. C. the choices people make with limited resources. D. the ways physical capital is formed in nature.

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.

What is the field of study for economics?

Economics is a social science about how people use and exchange limited resources like food, labor, minerals, and, yes, money. As an even shorter definition, one could say it is the study of scarcity and choice.

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The field of economics is most concerned with studying: A. the ways people elect their leaders in a democracy. B. the biological differences between people's wants and needs. C. the choices people make with limited resources. D. the ways physical capital is formed in nature.​

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What is the field of economics most concerned with?

What is the field of study for economics?

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The field of economics is most concerned with studying: A. the ways people elect their leaders in a democracy. B. the biological differences between people's wants and needs. C. the choices people make with limited resources. D. the ways physical capital is formed in nature.