Economics Is the Study of

question 48

Multiple Choice

Economics is the study of

• A) how to make money.
• B) how to allocate resources to satisfy wants and needs.
• C) capitalism.
• D) how to make workers more productive and firms more profitable.
• E) markets.

---

Definitions:

Ethical

Pertains to moral principles that govern a person's behavior or the conducting of an activity.

Administration

This term generally pertains to the management, organization, and supervision of the affairs and operations of institutions or businesses.

Child Abuse

Any action by another person – adult or child – that causes significant harm to a child.