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Definition of economics

The activity that a person undertakes to produce the goods and services needed to meet his needs is what is called economic activity

Economics is concerned with solving the

  economic proble represented by mThe problem of contradiction between unlimited needs and limited resources
Finding the best way to create a match between resources and needs

And so the economic

 Study the burdens of using economic. resources
Analyze costs and benefits in these ways
It refers to ways to improve the use of resources in order to meet the growing and growing needs of the community members



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