Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What was 19th century Economics known as?
What was 19th century Economics known as?
- Social Economics
- Political Economy (correct)
- Market Economics
- Global Economics
Who wrote 'The wealth of Nations' in 1776?
Who wrote 'The wealth of Nations' in 1776?
- Karl Marx
- John Maynard Keynes
- Adam Smith (correct)
- David Ricardo
What are the two fundamental facts mentioned in the text?
What are the two fundamental facts mentioned in the text?
- Limited wants and abundant resources
- Unlimited wants and scarce resources (correct)
- Unlimited wants and abundant resources
- Limited wants and scarce resources
What does business economics integrate?
What does business economics integrate?
Signup and view all the answers
What does decision making in business economics refer to?
What does decision making in business economics refer to?
Signup and view all the answers
Flashcards are hidden until you start studying
