Economics is a social science that studies how individuals, businesses, governments, and nations make decisions about allocating limited resources. It examines how goods and services are...
Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions.
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Economics is a social science discipline that investigates how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited desires and needs.
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Even though 11th, 12th, and 13th end in 1, 2, and 3, they still take “th” because of their special spelling and pronunciation: 11th, 12th, 13th (not 11st, 12nd, or 13rd)
The correct form is 11th, not 11st. This rule applies because ordinal numbers in English always end with the last two letters of the word written out fully. For example, “first” ends in “st,” “second” ends in “nd,” “third” ends in “rd,” and “ fourth ” ends in “th.”
Correct spelling, explanation: this ordinal number should be written as 11th because they don’t pronounce it with first at the end (which would then indicate -st suffix), but we pronounce it eleventh, so with -th at the end.