ELI5: Explain Like I'm 5

Business economics

Business Economics is about the way money is made, used and shared in businesses. It is about understanding how to make sure that businesses have enough money to buy the things they need to run, like new equipment or materials, and also to get a profit from the things they sell. It is also about understanding how much money businesses should spend and how much they should save. Business Economics helps us to understand how people and businesses decide how to use their money wisely.
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