Question
What are the three main aspects of economics? A. Marketing, sales, and advertising. B. Production, distribution, and consumption. C. Investment, savings, and spending. D. Trade, barter, and exchange.
Answers
GPT-4o mini
B. Production, distribution, and consumption.
These three aspects are fundamental to understanding how economies function. Production refers to the creation of goods and services, distribution involves getting those goods and services to consumers, and consumption is the use of those goods and services by individuals or businesses.
These three aspects are fundamental to understanding how economies function. Production refers to the creation of goods and services, distribution involves getting those goods and services to consumers, and consumption is the use of those goods and services by individuals or businesses.