ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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studying goods, services, and how people can get them.
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studying trees, bushes, and other plants.
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studying animals and wildlife.
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studying food, and how food is made.
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Detailed explanation-1: -After graduating from high school, prospective economists need to earn a bachelor’s degree. While there is some flexibility in which type of undergraduate degree an economist can have (e.g., accounting, finance, mathematics), majoring in economics is obviously the strongest option for someone committed to the subject.
Detailed explanation-2: -Resources: Inputs and Outputs Economics is the study of the production, distribution, and consumption of goods and services. Resources are the inputs used to produce outputs. Resources may include any or all of the following: Land and other natural resources.
Detailed explanation-3: -The study of economics helps people understand the world around them. It enables people to understand people, businesses, markets and governments, and therefore better respond to the threats and opportunities that emerge when things change.
Detailed explanation-4: -A good is a tangible item that consumers desire or own. A service is not a tangible or physical entity but is still sought after by consumers. Often, a service can also be performed at a distance. Together the term goods and services refers to what consumers are consuming and spending money on.