Which social science studies the production, distribution and consumption of wealth? [#1065]

Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.

---

Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.

Sericulture is the cultivation of silkworms for the production of silk. The most widely practiced form of sericulture, known as mulberry sericulture, relies entirely on the Mulberry plant (Morus spp.). The silkworm species Bombyx mori, responsible for producing the majority of commercial silk, feeds exclusively on mulberry leaves. The quality and abundance of mulberry leaves are crucial factors directly influencing the health of the silkworms and, consequently, the yield and quality of the silk cocoons. While other plants like Castor, Oak, and Som are food sources for different, less common types of silkworms (Eri, Tasar, and Muga silk, respectively), Mulberry is the key plant for the predominant silk industry.

---

Sericulture is the cultivation of silkworms for the production of silk. The most widely practiced form of sericulture, known as mulberry sericulture, relies entirely on the Mulberry plant (Morus spp.). The silkworm species Bombyx mori, responsible for producing the majority of commercial silk, feeds exclusively on mulberry leaves. The quality and abundance of mulberry leaves are crucial factors directly influencing the health of the silkworms and, consequently, the yield and quality of the silk cocoons. While other plants like Castor, Oak, and Som are food sources for different, less common types of silkworms (Eri, Tasar, and Muga silk, respectively), Mulberry is the key plant for the predominant silk industry.

The Digboi Refinery in Assam is the oldest refinery in India, having been commissioned on December 11, 1901. It was built by the British and is also Asia's first refinery. The refinery is known as the birthplace of the Indian oil industry. Oil was first discovered in 1867 while laying a railway line in the Digboi area.

---

The Digboi Refinery in Assam is the oldest refinery in India, having been commissioned on December 11, 1901. It was built by the British and is also Asia's first refinery. The refinery is known as the birthplace of the Indian oil industry. Oil was first discovered in 1867 while laying a railway line in the Digboi area.

The Assam Gas Cracker Project, officially known as the Brahmaputra Cracker and Polymer Limited (BCPL), is a major petrochemical project located in Dibrugarh, Assam. It utilizes natural gas as a feedstock to produce various petrochemicals, primarily polymers like polyethylene and polypropylene. These polymers are essential raw materials used in various industries for manufacturing plastics and other products.

---

The Assam Gas Cracker Project, officially known as the Brahmaputra Cracker and Polymer Limited (BCPL), is a major petrochemical project located in Dibrugarh, Assam. It utilizes natural gas as a feedstock to produce various petrochemicals, primarily polymers like polyethylene and polypropylene. These polymers are essential raw materials used in various industries for manufacturing plastics and other products.

Assam is specifically known for producing a strong, malty, and bright liquor called "Assam Tea". This variety is distinct from other Indian teas like Darjeeling or Nilgiri. It's a robust black tea that's often used in blends and is enjoyed worldwide for its unique characteristics. The "Assam Tea" variety is what makes the region famous in the tea world.

---

Assam is specifically known for producing a strong, malty, and bright liquor called "Assam Tea". This variety is distinct from other Indian teas like Darjeeling or Nilgiri. It's a robust black tea that's often used in blends and is enjoyed worldwide for its unique characteristics. The "Assam Tea" variety is what makes the region famous in the tea world.

Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.

---

Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.

The first oil well in Assam was dug in 1867, but the first commercially viable oil well was drilled in 1889.

---

The first oil well in Assam was dug in 1867, but the first commercially viable oil well was drilled in 1889.

Rajasthan is the largest producer of petroleum in India, followed by Gujarat and Assam.

---

Rajasthan is the largest producer of petroleum in India, followed by Gujarat and Assam.

The Karbi Anglong and North Cachar Hills regions of Assam are known to have the highest deposits of limestone in the state. These regions are rich in mineral resources, including limestone, which is used in various industries, such as cement production.

---

The Karbi Anglong and North Cachar Hills regions of Assam are known to have the highest deposits of limestone in the state. These regions are rich in mineral resources, including limestone, which is used in various industries, such as cement production.

North East Extension Plateau

---

North East Extension Plateau

Jyoti Chitraban, a prominent film studio in Assam, India, was established in 1961. It has played a crucial role in the development of Assamese cinema, providing a platform for filmmakers and contributing to the growth of the regional film industry. It is located in Guwahati.

---

Jyoti Chitraban, a prominent film studio in Assam, India, was established in 1961. It has played a crucial role in the development of Assamese cinema, providing a platform for filmmakers and contributing to the growth of the regional film industry. It is located in Guwahati.