Answer:
- Land, labor, and capital also are known as factors of Production
- Economies must answer the three economic questions because resources are Limited
- If an economy does not answer the three economic questions, resources may Run out
- Negative consequences can result when an economy does not answer the three economic questions.
Explanation:
The three basic economics question that must be answered are:
- What goods and services will be produced?
- How will the goods and service will be produced?
- Who will consume the goods and services?
Every society must answer these three question in order to meet the needs of its people. Every society answer these 3 basic questions differently, but each encounters the same fundamental problems, that are resourcea allocation and scarcity.
Thomas Hobbes
In this state, every person has a natural right to do anything one thinks necessary for preserving one's own life, and life is "solitary, poor, nasty, brutish, and short" (Leviathan, Chapters XIII–XIV).
The Aboriginal peoples in Canada are collectively termed as 'First Nations.' They are either Inuit or Metis. Currently, they are over 630 that are recognized as part of the First Nations governments. The treatment of indigent peoples of United States and Canada varies because of the their location in the first place.
The roman government is an oligarchy.
Answer:
The Supremacy Clause of the Constitution of the United States (Article VI, Clause 2), establishes that the Constitution, federal laws made pursuant to it, and treaties made under its authority, constitute the "supreme Law of the Land", and thus take priority over any conflicting state laws.
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Explanation:
