Which of the following best describes economics? O a. Economics measures the value of all goods and services produced by a country in a year.
O b. Economics is about making choices on how best to use limited resources.
о
c. Economics is only about natural resources like forests, water, minerals, and fossil fuels.
O
d. Economics is the money, tools, machines, and other products needed to make goods and services.

Ob. Economics is about making choices on how best to use limited resources.

Explanation:

Economics is, according to the dictionary, "the branch of knowledge concerned with the production, consumption, and transfer of wealth." This means that it is the way humans use their resources.

The best definition for the word 'economics' can be to say the choices we have to make on how to best use the resources when they are limited. It deals with how humans cope with the resources and how they allocate them to various uses.

Thus, the correct answer is option b.

the correct answer is c (british taxes)

essentially every cartoon made in 1760 was made as an after-effect for english strategies that require colonists to make good on greater government expenses for each item that they sold.

this lead to the colonial opposition in 1773, when massachusetts settlers dumped british tea into boston harbor since they felt choked by british' charge direction.

d.

many people believed they were convicted solely because they were anarchists.