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WHAT IS ECONOMICS?
Reading Time: 3 minutes Economics isn’t just about money; it’s about how we make choices with limited resources. Imagine having to decide what to buy with only ten dollars! That’s scarcity, a core concept in economics. Understanding these principles can help you make smarter choices about your finances, career, and even the world around you. This blog will explore the basics of economics, making this complex subject easier to grasp.