Unlock the Basics of Economics: Understanding How Resources Meet Unlimited Needs 🌍
Discover the fundamentals of economics, a social science that explores how societies manage limited resources to satisfy unlimited wants. Learn from Adam Smith's insights and start your journey into economic thinking!
Everyday Science
1 views • Sep 7, 2023
About this video
Economics is a branch of social science, which deals with the meeting of unlimited needs with limited resources. Adam smith called economics the knowledge of wealth. Keynes and Marshals had their own definitions.
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1
Duration
3:28
Published
Sep 7, 2023
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