the study of the choices people make in an effort to satisfy their needs and wants.

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17-08-2022
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the study of the choices people make in an effort to satisfy their needs and wants.

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smecloudbird17 smecloudbird17 · Answer 1 · 2022-08-25T20:28:03+02:00

Economics is the study of the choices people make in an effort to satisfy their needs and wants. Economists examine the processes by which goods and services are produced, distributed, and consumed. They also examine the effects of government policies on economic growth and stability.

Sociologists share many areas of interest with economists. For example, the effect of economic factors on various groups in society has attracted the attention of sociologists since the earliest days of the discipline. The examination of the organization and operation of governments is the focus of political science. The interests of sociology and political science often overlap. Areas of mutual interest include voting patterns, the concentration of political power, and the formation of politically based groups.

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