Business Economics

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5 Questions

What was 19th century Economics known as?

Who wrote 'The wealth of Nations' in 1776?

What is the fundamental fact about human beings as mentioned in the text?

What does decision making in business economics refer to?

What does business economics integrate according to the text?

Description

Test your knowledge about the nature and scope of business economics with this quiz. Explore the origins of economics, from the Greek word 'Oikonomia' to the evolution of the discipline as 'Political Economy'. Delve into insights from Adam Smith's 'The Wealth of Nations' and understand the fundamental principles governing human wants and resources.

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