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.

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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.

North East Extension Plateau

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North East Extension Plateau

Assam is world-famous for its production of high-quality black tea. The region's unique terroir and climate conditions contribute to the distinct flavor profile of Assam tea, characterized by its briskness, malty taste, and rich aroma.

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Assam is world-famous for its production of high-quality black tea. The region's unique terroir and climate conditions contribute to the distinct flavor profile of Assam tea, characterized by its briskness, malty taste, and rich aroma.

Poultry Farming and Egg production.

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Poultry Farming and Egg production.

Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.

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Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.

Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.

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Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.

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.

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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.

Microeconomics

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Microeconomics

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.

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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 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.

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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.