Economic - GCSE Physics Definition
Reviewed by: Philippa Platt
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In the context of GCSE Physics, the term 'economic' refers to the study of how resources are used and managed, often in relation to energy production, usage, and sustainability. It involves analysing the costs and benefits of different energy sources, such as fossil fuels, nuclear power, and renewable energy, and considering how these choices impact society's economic wellbeing.
Understanding the economic aspects helps students evaluate the financial viability of various technologies, the affordability of energy resources, and the broader implications for economic growth and environmental sustainability.
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