Question

Select all the correct answers. Which two economic or political problems is Latin America facing today

Answer 1

Women are still expected to perform conventional duties in many economies, and economic activities are badly damaging the environment, which are the two economic or political concerns that Latin America is currently dealing with.

What is Economics?

• Economics is the social science that studies the production, distribution, and consumption of goods and services.
• Economics focuses on the behavior and interactions of economic agents and how economies work.
• Microeconomics is a field that analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions.
• Individual agents may include, for example, households, firms, buyers, and sellers.
• Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labor, capital, and land, currency inflation, economic growth, and public policies that have an impact on these elements.

What is Politics?

• The term "politics" (from the Greek: o, politiká, "affairs of the cities") refers to a variety of activities that are connected to group decision-making or other forms of power interactions between people, such as the allocation of resources or status.
• Political science is the name of the area of social science that focuses on politics and governance.

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