What is the benefit of economics in our life, Microeconomics

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What is the benefit (main work) of economics in our life? 

Economics plays a very important role in development of a country. A country's economy shows the stability of that country. If economy of the country is strong, it would be ranked in the developed countries of the world. If, though, country's economy is not that strong, it would be considered as one of the backward countries in the world.

 


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