The word "Economics" originates from the Greek words oikos (house) and nomos (management), literally meaning "household management." In a broader sense, it is a social science that studies how individuals and societies make choices to manage to meet unlimited needs and wants . Why study it? To understand how the economy functions. To make informed decisions as a consumer and a citizen.
If there is only one word you need to remember from , it is KAKAPUSAN (Scarcity) . araling panlipunan 9 quarter 1 module 1
Lahat ng lipunan ay sumasagot sa tatlong tanong na ito: The word "Economics" originates from the Greek words
Araling Panlipunan: Quarter 1, WK 1 - Module 1 | PDF - Scribd To make informed decisions as a consumer and a citizen
When answering your , keep these learning competencies in mind. These are the "I can" statements that you should master by the end of the unit: