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who are economic agents ? Related: NCERT Solutions - Chapter 1 - Intr...
Economic agents refer to individuals, firms, or governments that participate in the economic system by making decisions related to the production, consumption, and distribution of goods and services. These agents are the driving force behind the functioning of the economy and their decisions affect the overall economic activity.

Individuals as Economic Agents:
Individuals are one of the most important economic agents who participate in the economy by making decisions related to the consumption of goods and services. They also provide labor to firms in exchange for wages.

Firms as Economic Agents:
Firms are another important economic agent who participates in the economy by producing goods and services. They hire individuals to provide labor and use capital to produce goods and services that are sold to consumers.

Government as Economic Agents:
The government is also an important economic agent as it plays a crucial role in regulating and managing the economy. The government takes decisions related to taxation, subsidies, and public expenditure to influence economic activity.

Conclusion:
In conclusion, economic agents are the key drivers of the economy. Their decisions related to consumption, production, and distribution of goods and services affect the overall economic activity. Understanding the role of economic agents is crucial in understanding how the economy functions, and how it can be managed to achieve desirable outcomes.
Community Answer
who are economic agents ? Related: NCERT Solutions - Chapter 1 - Intr...
Economics agents are those who take Economic decisions. In microeconomics there are Individual economic agents and at macro level there are institutional Economic agents who take Economic decisions.
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who are economic agents ? Related: NCERT Solutions - Chapter 1 - Introduction (Macroeconomics), Class 12, Economics
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