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# ECONOMICS * The process of how allocating the limited resources to fulfill the human needs and wants. * Economics is a broad term referring to the scientific study of human action, particularly relates to human choice and utilization of scarce resources.

# ECONOMICS * The process of how allocating the limited resources to fulfill the human needs and wants. * Economics is a broad term referring to the scientific study of human action, particularly relates to human choice and utilization of scarce resources.

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