Malta is an island nation consisting of an archipelago of three main islands and many smaller islands. The major islands of Malta are called Malta, Gozo, and Comino, and these are the only parts of Malta that are inhabited. Smaller islands include Cominotto, Fungus Rock, Islands of St. Paul, Manoel Island, and Filfla.alta is an island nation consisting of an archipelago of three main islands and many smaller islands. The major islands of Malta are called Malta, Gozo, and Comino, and these are the only parts of Malta that are inhabited. Smaller islands include Cominotto, Fungus Rock, Islands of St. Paul, Manoel Island, and Filfla.
economics definition The science that deals with the production, distribution, and consumption of commodities. Note: Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends.
In society every social being has some economic needs and these needs are evaluated by economics .Economics is science of wealth, which is possible in context of society. Marshall says economics is study of economic activities which are related to human welfare. The following points are showing their relationship .