Because economics has to do with people and how they behave it is considered a?

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1063862

2026-05-02 15:00

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Because economics has to do with people and how they behave, it is considered a social science. This field examines the choices individuals and societies make regarding the allocation of scarce resources, and it incorporates psychological, sociological, and cultural factors in understanding economic decision-making. By studying these interactions, economists can gain insights into how markets function and how policies can be designed to improve societal welfare.

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