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Economic is the study of how people make choices to get what they want, when they cannot get everything they want.
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Economic is the study of people and the resources they use, also it is the study of production and consumption of goods and the transfer of wealth to produce and obtain those goods, it is also involves in making choices, it is also a branch of science that study of the economy of a certain country, their satisfactory and unlimited wants to scarce the resources. 
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