Background of Economics

Economics is the study of scarce resources to satisfy human needs and wants. Economics has been in existence since the creation of Eve Adam's wife (refer to the holy bible). Economics is not all about satisfing human needs and wants but anything that involves more than one person is suppose to be recognised as an economic activity ( this is not approved by any PhD economist ) . Anything that someone does with someone else is an economic activity. The only thing is that economics goes with view of an individual . The way some people view it might be 100% different to other people so its a matter of opinion based on facts.