Importance of economics at least 7 points please​

Answers

Answer 1

Explanation:

The following are importance of economics;

Decision making Distribution of resources Marketing/commerceEconomic growth Maximisation productive capacityHigher tax revenue Capital managementSales efficiency
Answer 2
Dealing with a shortage of raw materials. Economics provides a mechanism for looking at possible consequences as we run short of raw materials such as gas and oil. See also: Effects of a world without oil.
I did only one point though

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