Both Uses of
economics
in
Main Street
- She had made a list of thirty European novels of the past ten years, with twenty important books on psychology, education, and economics which the library lacked.†
Chpt 19 *
- And let me tell you that while folks are fussing about what they call 'economics' and 'socialism' and 'science' and a lot of things that are nothing in the world but a disguise for atheism, the Old Satan is busy spreading his secret net and tentacles out there in Utah, under his guise of Joe Smith or Brigham Young or whoever their leaders happen to be today, it doesn't make any difference, and they're making game of the Old Bible that has led this American people through its manifold…†
Chpt 28
Definition:
-
(economics) the study of how limited resources are allocated in an attempt to satisfy unlimited wants