It deals with the study of production, consumption, distribution, and exchange of goods and services for the satisfaction of human needs and wants.

small factor in the economy ( household , individual, businesses)

It pertains to the amount of physical, mental, and social effort used to produce goods and services.

Filipinos started working abroad in the early 1900s. What was their first occupation when they were first recruited?

LETTER A OR B. What does it mean when the exchange rate shows $1 = Php43? A. To get 1 Philippine Peso, 43 US dollars need to be exchanged B. To get 1 US dollar, 43 Philippine Peso need to be exchanged

The demands for goods and services, what the people want.

economy as a whole

The term ECONOMICS comes from the Ancient Greek words

What is the official currency of the Philippines?

What do you call the price where buyers and sellers met?

It is the study of economics in relation to real-world situations, as opposed to the theory of economic.

What economic problem is being described by lack of basic infrastructure such as paths, trails, bridges, and roads and access to transport services?

The condition where the population is only able to meet its basic subsistence needs?