Scarcity is a feature of economics because:
A. the factors of production can be used in many different ways.
B. entrepreneurs can lose money if their businesses don't succeed.
C. people have limited resources to fulfill their unlimited wants.
D. governments cannot guarantee economic equality for all citizens.
SUBMIT

Answers

Answer 1

Answer:

C. people have limited resources to fulfill their unlimited wants.

Explanation:

Answer 2

Scarcity can be rightly considered as a feature of economics because people have limited resources to fulfill the unlimited wants that they have. Therefore, the option C holds true.

What is the significance of scarcity?

Scarcity can be referred to or considered as a condition that occurs in a society when there is a shortage of different factors and resources, which does not allow the people in the society in satisfaction of their wants.

Scarcity is an important feature of economics. The main rule of microeconomics is that the human wants are unlimited, however, the resources of economy, such as individual income is always limited and ultimately to scarcity of the economic resources.

Therefore, the option C holds true and states regarding the significance of scarcity as a feature of economics.

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Related Questions

What was important about
Donald johansons discovery of Lucy in 1974?

Answers

Answer: The discovery was important because it forever changed our understanding or theory of the origins of humankind.

Explanation:

What region did most colonist live in?

Answers

Answer:

New England

best of luck :D

The most heavily populated colonial region included Boston, Philadelphia, and New York City. Shade in the colonies that had large populations of Loyalists.

Which of the following BEST describes the decline of the Byzantine Empire?

It declined very rapidly
It declined rapidly
It declined slowly
It declined very slowly

Answers

Answer:

It declined slowly

Explanation:

The Byzantine Empire was once strong and dependable but it began to decline as internal squabbles broke out.

Church leaders and officials were in constant fights with the emperors who were in charge of the empire.

The Byzantine Empire was laid siege for over 50 days by the Ottomans and finally fell in 1453.

Answer:

It declined slowly

Explanation:

i did the test

Which of the following could be considered working for the public interest?
A.
searching for a cure for a disease
B.
military service as a career
C.
being a member of Congress
D.
all of these choices could be considered working for the public interest

Answers

Answer:

D

Explanation:

cause all is helping the public

I would say D since picking any other one would leave the others out, and technically all of them are helping roles

What was the result of the First Battle of Cabin Creek?
A.
The First Kansas Colored Volunteer Regiment was defeated.
B.
General Stand Watie and his troops were defeated.
C.
It ended Civil War battles in the Indian Territory.
D.
The battle ended in a stalemate.


Please select the best answer from the choices provided

A
B
C
D

Answers

B did this and got it right

How was akbar able to build such an immense empire?

Answers

Answer:

He used his military power to conquer and maintain control over india, He also took precautions such as marrying a Hindu Princess (Ackbar was Muslim) so Rajputs would not threaten his rule.

Explanation:

Why, according to General Jackson, did Indians negotiate treaties?

Answers

Answer:

I'm not completely sure but I hope this helps

Explanation:

from 1774 until about 1832 treaties between individuals sovereign American Indian nations and the US were negotiated to establish borders and prescribed conditions of behavior between the parties negotiated treaties between the tribes and the US had to be approved by the US Congress

how some authoritarian governments

Answers

Answer:

Authoritarianism is characterized by highly concentrated and centralized government power maintained by political repression and the exclusion of potential challengers. It uses political parties and mass organizations to mobilize people around the goals of the regime.

What country has authoritarian government?

Democracy Index by country 2019

Rank Country Functioning of government

1 Norway 9.64

2 Iceland 9.29

3 Sweden 9.64

4 New Zealand 9.29

Authoritarian. A government in which one leader or group of people holds absolute power. Dictatorship. Characteristics. Absolute rules; unchecked powers; most common form of rule through history; main rival to constitutional democracy; obtain power through violence.

Hope I helped If I did please give me brainiest <333 :3

Why did the glorious revolution happen and what was created

Answers

Answer:

The Glorious Revolution occured because it was a relatively “bloodless” revolution in England in which King James II was overthrown by William III .

Explanation:

The Glorious Revolution arose from James II’s attempts to expand freedom of worship for Catholics in opposition to the desires of the Protestant majority. The Glorious Revolution resulted in the English Bill of Rights that established England as a constitutional rather than absolute monarchy and served as the model for the U.S. Bill of Rights.

Answer:

The Glorious Revolution (1688–89) in England stemmed from religious and political conflicts. King James II was Catholic. His religion, and his actions rooted in it, put him at odds with the non-Catholic population and others. ... James soon fled England, and William and Mary were crowned joint rulers in April 1689.It set a precedent for monarchs sharing power with Parliament. It meant that France and Spain would never again challenge England. It did away with the constitutional monarchy.The Glorious Revolution was caused by William of Orange invading England. The effects were; William and Mary were offered the throne by the parliament, they also changed the scenario and now the king became the leader by the mercies of parliament and not by the grace of God.The greatest landmark in the history of England is the Glorious Revolution of 1688. This revolution is called 'Glorious' because it achieved its objective without any bloodshed. James II came to the throne of England in 1685, after Charles II his brother died.

Explanation:


Which of the following would most likely be true if you met a traveler from
Persia in 550 BCE?

A. He would be a follower of Hinduism

B. He wouldn't have any religious beliefs

C. He would believe in only one god

D. He would be an adherent of Islam

Answers

Answer:

He would believe in only one god.

Explanation:

Which examples represent social changes that occurred on the home front? Select two options.
using savings stamps
growing victory gardens
employing new technologies
creating propaganda posters
having anti-German feelings

Answers

Answer:

using savings stamps

employing new technologies

Explanation:

hope this helps!

Examples represent social changes that occurred on the home front:

using savings stampsemploying new technologies

What were the changes on the home front?

The United States' entry into World War II brought about changes on the home front and changes in the roles of men and women. There are a lot of open positions as a result of the enormous number of guys who joined the military forces. An expansion in the workforce was necessary to meet the needs of wartime manufacturing for more aircraft, weapons, and other military items.

Rationing, the German bombardment of sections of Britain (the first time civilians were targeted in war), conscientious objectors, and strikes by disgruntled employees were all things that happened on the Home Front. DORA (Defence of the Realm Act) had control over the whole country. A period of time for women to succeed in the workforce was brought about by the economic developments that were taking place in the United States.

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Which of these was probably motivation for African Americans migrating from the south?

Answers

where’s are the choices?

5
Select the correct answer.
What effect did the Great Awakening have on the American colonies?
A. The Great Awakening caused a split in American Protestantism in the American colonies.
OB. The Great Awakening intensified racial and gender bias in the American colonies.
C. The Great Awakening diminished the importance of education in the American colonies.
D. The Great Awakening resulted in public displays of overt emotion in the American colonies.
Reset
Next

Answers

the answer is C i believe

An opinion expressed in a letter written by an angry leader

Answers

Answer:

is a angry letter

Explanation:

What were the benefits of the spread of the Arabic language? Choose four correct answers.

It gave Muslims a shared religious language.
It created a new numbering system.
It became a language that scholars could use to share ideas.
It gave non-Arabs new words to use in their own languages.
It provided a common language that could be used for trade.

Answers

Answer:

It gave Muslims a shared religious language.

It became a language that scholars could use to share ideas.

It gave non-Arabs new words to use in their own languages.

It provided a common language that could be used for trade.

Explanation:

Those are the correct answer, I just got them right in edg 2020

Answer:

It gave Muslims a shared religious language.

It became a language that scholars could use to share ideas.

It gave non-Arabs new words to use in their own languages.

It provided a common language that could be used for trade.

Explanation:

got it right on edge

Buddhists believe that Nirvana can be reached ________.
A
by the caste of priests

B
by becoming very rich

C
by being reincarnated into someone beautiful

D
by finding peace and freeing oneself of pain and suffering

Answers

Answer:

D

Explanation:

Hope this helps :)

Answer: D

Explanation:

By Finding Peace and Freeing oneself of pain and suffering.

Have a Great Day Bro hope it Helped You Peace Out!

In wich of the following groups was work divided equalley between men and women

Answers

Answer:

C. Cherokees

Explanation:

Not sure, but I'm sure that this answer is correct.

Why did the French explore the new world? And how did the find out about it?

Answers

Answer:

Yo im doing the same thing what grade you in, and did you get the answer?

Explanation:

true or false the constitution ensures we have a limtied government

Answers

Answer:

True

Explanation: the government is limited they give up some rights for the people

The correct answer is true

Help and i'll give brainliest.

Answers

Answer:

ghfddgfg

Explanation:

what do you think was the greatest empire in history? and why?

Answers

Answer:

Roman Empire

Explanation:

Biggest empire to ever excist, plus they are just cool

Which of the following is a direct effect of tectonic plate movement?
A) The distribution of biomes in a given area
B) Seasonal changes in global weather patterns
C)The topography of a mountainous region
D) The average precipitation that an area receives

Answers

Answer:

B) Seasonal changes in global weather patterns

Answer:B

Explanation:

because it’s kinda like if a earth quake would happen it’s caused by weather

Globalization Improved travel and communication networks have the potential to transform the world population into a single, global society. We can now travel across the globe in a matter of hours. The internet enables us to spread ideas and share cultural norms instantly. Many of the products we use every day are produced on the other side of the world. Globalization can be seen as beneficial, but is generally thought of as a more complicated issue. Given the accelerating pace of globalization, what are the implications it could have for humanity? Read and carefully consider these perspectives. Each suggests a particular way of thinking about increasing globalization. Perspective One - As the development of a single world culture becomes a real possibility, we risk losing the diversity that makes life interesting. As people become more similar, the unique elements that identify various cultures will be lost in global melting pot. Perspective Two - The ability to cheaply ship goods across the planet makes necessities and luxuries more affordable to all. Increased product affordability leads to an increase in the quality of life for millions of people globally. Perspective Three - Globalization brings greater interaction between countries, which could lead to more conflict. The more we interact with other cultures, the more our differences and disagreements will be emphasized. It would be better for cultures to be more isolated from one another in order to exist harmoniously. ESSAY TASK WRITE a unified, coherent essay in which you evaluate multiple perspectives on the question of the implications increased globalization may have on humanity. In your essay, be sure to: analyze and evaluate the perspectives given state and develop your own perspective on the issue explain the relationship between your perspective and those given Your perspective may be in full agreement with any of the others, in partial agreement, or wholly different. Whatever the case, support your ideas with logical reasoning and detailed, persuasive examples.

Answers

Answer:

Globalization is when various facets of society operate at a truly global level rather than locally or regionally. Globalization has been the driving force behind the explosion of wealth that has been occurring all across the planet. Here in the United States we see the consequences of globalization on a developed economy. As the US economy transitions more completely into a service-based economy from an industrial-based economy, labor-intensive jobs naturally migrate to developing and emerging markets where cost of production for manufactured goods is lower.

For international trade and commerce that can mean businesses can operate globally and traditional barriers to commerce thrown up by nation-states don't apply. That means you can put your factories where its most cost effective to place and you can hire talent from developing countries.  Nevertheless, the critics will persist, "what about the exploitation? Surely you're not going to defend sweatshops!" Well, I am. Sweatshops are terrible, it's agreed. But, here's the thing they're better than the alternative. If they weren't, they wouldn't exist. No one would work under such conditions if there was a better option. Now, this is the economic defense: sweatshops are often the beginning of surplus income for many people. Surplus income is extremely important in developing economies, as it is only when people begin to save that investment can occur, and it is investment that drives growth.

A drawback might be that since corporations aren't constrained by borders then its hard for any one nation-state to enforce its laws over that corporation without that corporation having an easy way to skirt the law by just doing the same thing in some other nation-state where the activity is permitted. Or if people in country A work in a factory they can't exactly move to country B if the corporation decides to move its factory.

Globalization also means that cultural barriers change and erode. That's great if you're a movie producer who normally only sees distribution in the USA but can now show the movie in Europe and China as well.  Culturally, globalization is what the world's idea of tradition, spirtuality, and language is founded on.  What makes each country unique in this aspect is what their people created out of the sharing of these traditions and ideas.  . Around 60,000 years ago, cumulative cultural adaptation was what propelled modern humans out of Africa in small tribal groups, by enabling us to acquire knowledge and produce technologies suitable to different environments.  Eventually these tribes would occupy nearly every environment on Earth.

But if you live in a country in Africa today and see that all the kids in town don't care about older traditions and instead want to listen to American Music and watch French Cinema then you may not like that. Then again, it's easier than ever to share your cultural tradition in Africa with the world at large. Ironically, globalization doesn't seem to foster diversity. Globalization seems to be synonymous with 'Westernization'. Now, I don't think that Westernization is inherently a bad thing but as stated earlier, not every society in the world should be a pastiche of the West because it doesn't have the same effect everywhere. Globalization means everyone's speaking English (not a very efficient language, no offense to the British), wearing suits in hot weather, celebrating Christmas (no offense to Christians, but Christmas shouldn't be for everyone), etc. Even when building sprawling cities, everyone's just copying what the Western countries do. No-one seems to care about being original or asking whether gigantic cities are even necessary and if so, why they are necessary.

In conclusion, globalization does have some negative consequences, particularly for developed nations, however, far fewer people have become poor in the United States than have been raised out of poverty in the rest of the world because of it. Globalization sets up relationships between nations that further stabilize the whole network of humanity

Explanation:

Originating in central Asia, the Black Death was carried by

Answers

Answer: The Black Death is thought to have originated in the arid plains of Central Asia, where it then travelled along the Silk Road, reaching the Crimea by 1346. It was most likely carried by Oriental rat fleas living on the black rats that were regular passengers on merchant ships.

Explanation:

i hope this helps plz tell me if its wrong so i can fix it :)

All of the following were effects of the Civil War except __________.

A.

intratribal conflicts occurring between full-blooded and half-blooded members

B.

a mass amount of people immigrating out of the Indian Territory

C.

the economy being devastated by looting and the destruction of property

D.

the Union honoring tribal treaties signed with the Confederacy

Answer is D, my fellow classmates

Answers

Answer:

D. the Union honoring tribal treaties signed with the Confederacy

Explanation:

In The tribal treaties, the confederacy promised to not disturbed the Native's land in exchange for their help during the Civil War.

After the civil war ended, the Union decided no to honor these treaties and forced a lot of tribes to migrated out of their ancestral land.

The union wanted to used the land to provide enough space for railroads development. They wanted a fast method of distribution to deliver products from southern states to mid-norther states.

Answer:

D. the Union honoring tribal treaties signed with the Confederacy

Explanation:

just got it right edg 2021

Describe the three types of party systems and give examples of each.

Answers

Answer:

democratic

monarchy

heditary

Frederick Douglass fought for the adoption of constitutional amendments that guaranteed-
O voting rights
O rights to bear arms
O freedom of speech
O freedom of religion

Answers

The first one. Voting rights.

Please help me URGENT will give 5 stars I need to know these things for history Directions: Write if the people are a loyalist or patriots And explain why in 1 or two sentences with evidence u find.
1 Sir Frances Bernard
2Thomas Whatley
3William pit
4Thomas Paine
5 Thomas Jefferson
6Joseph Brant
7samuel adams
8Mercy Ottis Warren
9Patrick Henry
10 Thomas hutchingson

Answers

1  Sir Frances Bernard- Loyalist

2 Thomas Whatley- Loyalist

3 William pit- Patriot

4 Thomas Paine- Patriot

5 Thomas Jefferson- Patriot

6 Joseph Brant- Loyalist

7 Samuel Adams- Loyalist

8 Mercy Ottis Warren- Patriot

9 Patrick Henry- Patriot

10 Thomas hutchingson- Loyalist

-BBBM

Which of the following best characterized the prosecution of youth in America during the nineteenth century? A. a tendency to punish children like adults B. an focus on rehabilitation for the offending child C. an emphasis on community service for the offending child D. children were not prosecuted for crimes in the nineteenth century

Answers

Answer:

it is A I did it on edu

Explanation:

I hope it helped :)

A. a tendency to punish children like adults

A violation of the Ninth Amendment would be
ооо
someone forced to incriminate himself or herself in court.
the government denying the right to privacy because it's not listed in the Bill of Rights.
the government not allowing someone to criticize the president.
someone having his or her property searched without a warrant.

Answers

Answer:

I believe the answer is B) The government denying the right to privacy because it's not listed in the Bill of Rights.

Explanation:

Answer:

B. the government denying the right to privacy because it's not listed in the Bill of Rights.

Explanation:

Just took the test got 100%

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