Discuss the nature and scope of economics

Economics is defined as the social science that deals with the production, distribution, and consumption of goods and services. Evolved in the 19th century, the economic studies have become one of the most significant studies of modern days. From a small shop to a country, Economics plays a crucial role in the efficient running of both. No business can flourish without applying the principles of economics. The study of economics is extensive and varied. The nature and scope of economics depend upon the interaction of economic agents and how economies work. Let’s analyze the nature and scope of economics deeply.

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i havent taken the psat, but i have the sat, make sure to bring some snacks, because youre in there forever, 2 sharp number two pencils, an sat approved calculator, and maybe a jacket.   your phone and any books will be taken up, so don't try to bring them(but they will be given back at the end of the testing).   good luck!   i hope you do well!

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just hit there bubble and hit add friend or go to the ppl thing in the corner and serch for them

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