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"society" does not "allocate" - except under socialism
[[Image:NYSE-floor.jpg|right|thumb|Face-to-face trading on the [[New York Stock Exchange]]'s trading floor.]]
[[Image:NYSE-floor.jpg|right|thumb|Face-to-face trading on the [[New York Stock Exchange]]'s trading floor.]]
'''Economics''' is a social [[science]] concerned with how society produces, allocates, and consumes goods and services. Governments can be classified by their economic policy. The [[United States]] economic policy, set down in the [[Constitution]] and inspired by enlightenment thinkers.
'''Economics''' is a social [[science]] concerned with how people produce, distribute, and consume goods and services. Governments can be classified by their economic policy. The [[United States]] economic policy, set down in the [[Constitution]] and inspired by enlightenment thinkers.
== Issues in economics ==
== Issues in economics ==