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What is the primary concern of economics as a social science?

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Question: What is the primary concern of economics as a social science?

Options:

  1. The study of human emotions
  2. The allocation of resources
  3. The analysis of historical events
  4. The examination of social norms

Correct Answer: The allocation of resources

Solution: 

Economics primarily concerns the allocation of resources.

What is the primary concern of economics as a social science?

Practice Questions

Q1
What is the primary concern of economics as a social science?
  1. The study of human emotions
  2. The allocation of resources
  3. The analysis of historical events
  4. The examination of social norms

Questions & Step-by-Step Solutions

What is the primary concern of economics as a social science?
No concepts available.
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