What is a economy and why is important.

1. ECONOMICS
AND
IT'S IMPORTANCE

2. Introduction
Economics is the study of how societies,
governments, businesses, househoo, and
individuals allocate or use their scarce
resources to produce valuable
commodities and distribute them among
different people.

3. Economics and it's importance
● Allows know the basics of human needs, production,
distribution, reuse and better use of resources
● It provides the basis for exchange of goods and
services between individuals, organizations and even
countries.
● Generates system, technique and public policies to
improve social welfare.

4. Importance
● Adjust political, financial and even social
imbalances.
● Help to set target prices of good and
services.
● Provides Knowledge and techniques the
prevent crises and hep them out.

5. THANKYOU
KHUSHI
TRADE-MARKETING EXECUTIVE
UNIT-2