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Sagot :
Some of the reasons why the study of economics is important is because:
- It has an impact on everyday life.
- It makes people learn to manage resources.
- It explains the roles of producers and consumers.
What is economics?
This is the study into the transfer of wealth and the scarce resources that are used in the every day production of goods and services.
It teaches how to manage the scarce resources effectively for maximized profit.
Read more on economics here: https://brainly.com/question/17996535
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