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hram777 [196]
2 years ago
5

Describe the impact of scarcity on economic decision making. What happens when products and resources become less available? How

might this affect the incentives or trade-offs involved in a person's economic decision making?
Social Studies
1 answer:
Savatey [412]2 years ago
3 0

The impact of scarcity on economic decision making is that it can limit the choices of the consumer in the economy.

when products and resources become less available then there would be scarcity which will affect the decision of the consumer.

<h3>How does the scarcity of resources affect the decision making of the consumers?</h3>

Scarcity as a key concepts of economics can affect the choice of the consumer because it will limit their choices in making decision.

Therefore this will make them to make their choice out of the limited resources to meet their basic needs.

learn more about Scarcity at brainly.com/question/1888324

#SPJ1

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Conformity based on a desire for approval is called _____ social influence. conformity based on the desire to reduce uncertainty
aliina [53]
<span>Conformity is the tendency to modify one's attitudes, behaviors, and beliefs to match those of others.</span><span>
Conformity based on a desire for approval is called normative social influence. conformity based on the desire to reduce uncertainty is called informational social influence. Normative social influence is based on the i</span><span>nstincts is to belong to a social group of some sort. </span>
6 0
3 years ago
A generally accepted understanding of "comparative politics" is that it is a method of explaining similarities and differences b
ch4aika [34]

Answer:

<em>Comparative politics is investigating internal processes within countries or political entities by comparing their characteristics according to a specific model.</em> Though it can potentially address a wide range of aspects, comparative politics is most widely applied to such <em>issues </em>as <u>politics of democratic and authoritarian states</u>, <u>political identit</u>y, <u>regime change</u> and <u>democratization</u>, <u>voting behavior</u> and a number of others.

<em>Comparativists often ask</em> how certain processes, for example, democratization, differ in specific states that still can be placed under the same analysis because they share certain characteristics.  

Following the <u>democratization example</u>, let us take post-soviet countries. Comparativists may take most similar countries that share many similarities, such as Baltic states (Estonia, Latvia, Lithuania), or most different countries, such as Estonia and Belarus. Here comparativists may ask, why Estonia developed a strong democratic regime, while Belarus fell into a consolidated authoritarian regime.  

4 0
3 years ago
How did thomas aquinas impact the development of humanism and renaissance ideas
Nitella [24]

Answer:

Thomas Aquanis was Catholic

Explanation:

Thomas Aquanis was Catholic

Catholicism teaches us to love God and neighbor

that why his ideas may seem like a humanistic ideology but in reality he is just teaching the ideas that Catholicism teaches us

8 0
3 years ago
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We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain una
solong [7]

Answer:

The above statement is known as the PREAMBLE of Declaration of Independence

Explanation:

The Declaration of Independence was made on July 4, 1776, when the 13 American colonies decided to break away under British rule.

The Declaration of Independence is divided into three parts which include Preamble, List of Grievances, and Resolution of Independence.

The Preamble, which is sometimes referred to as Introduction, was made to persuade Americans to support the cause of independence even with their lives, if necessary lives, and to unite them towards the accomplishment of better lives and liberation.

3 0
3 years ago
Is characterized by behavior that reflects the pleasantness or unpleasantness of the state that individuals are in, or the trans
Juli2301 [7.4K]

An emotion is any behavior that usually reflects the pleasantness or unpleasantness of the state that individuals are in.

<h3>What is an emotion?</h3>

It means the complex state of feeling that often results in a kind of physical and psychological changes that can influence thought and behavior.

In conclusion, the emotional intelligence of an individual, though is responsible for masking any pleasantness or unpleasantness of the state that individuals.

Read more about emotion

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2 years ago
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