4
QuizMultiple Choice

Evolution of Geographic Theories and Ideas

Question 4 • W Geography_A_IC

Economists study __________.

Answer
A
the origins, developments, organizations, and functioning of societies
B
the origins of culture and how people develop
C
how people behave in social situations
D
how people can use limited resources to best satisfy unlimited wants

Explanation

Economics studies how people use scarce or limited resources to meet their wants and needs. Since resources are limited while human wants are unlimited, economists examine choices about how those resources can be used most effectively. Choice D describes this central focus of economics.

AI-written and checked against the verified answer.

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