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Why economics is central to an understanding of the problems of economic development

Sagot :

Ayamarichrisjabido01idn

Answer:

- Economics is central to understanding developing countries, since these countries have extensive needs with very scarce resources, necessitating difficult choices.

-Economics provides a framework for understanding the actions and decisions of individuals, businesses and governments. It provides a means to understand interactions in a market-driven society and for analyzing government policies that affect the families, jobs and lives of citizens.

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