Question

Importance of economics at least 7 points please​

Answer 1

Explanation:

The following are importance of economics;

• Decision making
• Distribution of resources
• Marketing/commerce
• Economic growth
• Maximisation productive capacity
• Higher tax revenue
• Capital management
• Sales efficiency

Answer 2

Dealing with a shortage of raw materials. Economics provides a mechanism for looking at possible consequences as we run short of raw materials such as gas and oil. See also: Effects of a world without oil.
I did only one point though