WAEC Economics 1992 Question 1

Question 1

Basic Concepts

Economics is a social science because it

  1. A.deals with an aspect of human behaviour
  2. B.provides people with the commodities they want
  3. C.deals with limited resources which have alternative uses
  4. D.deals with the production of goods for present and future consumption
  5. E.is related to how choice is made.
Show the answer and explanation

Answer: A (deals with an aspect of human behaviour)

Explanation

A social science studies human behaviour in society; economics studies how people behave in using scarce resources.