Economics studies the disposal of scarce means having alternative uses
Economic problems emerge due to scarcity of resources. We do not get adequate resources from the nature to satisfy all our needs.
Economic problems emerge due to scarcity of resources. We do not get adequate resources from the nature to satisfy all our needs.
The development of formal tests of intelligence assessment is quite modern. The formal intelligence tests were developed in the early 1900s. Sir Francis Galton (1885) is considered as the father of the mental tests.