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In terms of business and the society, economics was created to examine financial progress and our universal needs of life and money. It's utilized to look at how boundless demands interact with restricted resources from a social, political, and economic standpoint.It can be defined as the scientific study of finance in our economy (including all sorts of money) and its implications for production, consumption, and wealth. Economists analyze the overall effects of business on the economy using mathematical analyzing techniques and statistics aspects.

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