CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIntroduction1 Mark
Question
Define economics.
✓
Answer
Economics is “a study of how people and society choose to employ scarce resources, having alternative uses in order to produce various commodities that satisfy their wants and to distribute these commodities for consumption among various people and groups in the society”.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.