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Economics is the social science that studies the production, distribution,
exchange, and consumption of goods and services. The study of economics focuses on
how individuals, corporations, and societies choose to use the scarce resources provided
by nature and previous generations.
The first Goal that I learned about was Economic Efficiency which in economics
is the relationship between an individual's interests and the interests of the group. Under
some circumstances, there is conflict; under others, there is harmony between self-
interest and group interest. Once o…
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