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What Is Economics And Its Importance? [Solved]
Economics seeks to solve the problem of scarcity, which is when human wants for goods and services exceed the available supply. A modern economy displays a division of labor, in which people earn income by specializing in what they produce and then use that income to purchase the products they need or want.
Importance of Study of Economics | iKen | iKen Edu | iKen App
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What is Economics?
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What is Economics all about? Importance of Economics. English Urdu /Hindi O A Levels micro
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