Economics is best defined as the study of how:

Question

Economics · Introduction to Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

society manages its scarce resources

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Introduction to Economics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Introduction to Economics

The 'Drain of Wealth' theory was propounded by which Indian nationalist leader?

Which event is considered the turning point in Mahatma Gandhi's leadership in the Indian independence movement?

Which African leader is known for his non-violent opposition to colonial rule?

Answer 1

the government can completely eliminate pollution

Answer 2

society manages its scarce resources

Answer 3

to accurately predict stock market prices

Answer 4

to run a business most profitably

Related Practice Questions