Class 12 Exam  >  Class 12 Questions  >  what is economics Related: Central Problems... Start Learning for Free
Verified Answer
what is economics Related: Central Problems of an Economy - Micro Ec...
In its most simple and concise definition, economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. Economics focuses heavily on the four factors of production, which are land, labor, capital, and enterprise. These are the four ingredients that make up economic activity in our world today and can each be studied individually.
This question is part of UPSC exam. View all Class 12 courses
Explore Courses for Class 12 exam
what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12?
Question Description
what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12?.
Solutions for what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? defined & explained in the simplest way possible. Besides giving the explanation of what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12?, a detailed solution for what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? has been provided alongside types of what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? theory, EduRev gives you an ample number of questions to practice what is economics Related: Central Problems of an Economy - Micro Economics NCERT/CBSE Class 11 and Class 12? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev