Answer:
4. people must make trade-offs.
Explanation:
Scarcity is the shortage of supply with respect to demand. It arises due to unlimited wants contrasted with limited resources - having alternative uses.
Scarcity : Demand > Supply
This leads to trade off (sacrifise) of something to attain anything, since the limited resources are short of unlimited wants & have alternative uses.
Eg : Having fixed money income (analogous to resources) & many commodities in consumption basket (analogous to wants); if one commodity is gained - it would be at the cost of sacrifising (trade off) some other commodity.
The correct answer is most Brazilians work on subsistence farms
Explanation: The economic modernization of Brazil occurred during the second half of the twentieth century, highlighting the internationalization of the economy and its socioeconomic consequences.
The answer is checks. Older people use check as they're a lot more simple than technology today.
It doubled the size of us and gave them more material
