Answer: Birth rate is the amount of births in a certain amount of time in a certain country. For example, if there are 1000 births every 5 minutes, that is a birth rate. An increasing birth rate would be one that is growing all the time, and it would increase population because as the birth rate is growing, more people are born, and there are more people in the population.
Answer:
Open trade is particularly beneficial to the poor, because it reduces the cost of what they buy and raises the price of what they sell. As new research from the World Bank and the World Trade Organization makes clear, farmers and manufacturing workers earn more income when their products can reach overseas markets.
Prices of steel and aluminium prices will depend on the market demand and supply.
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Explanation:
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The manufacturing industries are mainly depending on the steel as major source of raw material. The main reason for the demand of the steel will increase if the infrastructure development in the society. And it also reflects the economic boom happening in the society.
So if the demand of the steel increases because of various reasons like wage rise and demand for raw material like iron ore. In the event of price rise of steel the aluminium will be the next alternate for steel in the infrastructure development. So, if there is demand for steel arises automatically the aluminium prices will also increase.
The correct answer is scarcity.
Scarcity refers to when certain goods or resources are not able to be produced in a quantity that is sufficient enough to meet people's demands.For instance, let's assume that every summer, a certain state's markets sell mangoes that are high in demand by customers. However, one year, most mango trees are unable to yield mangoes due to unfavorable weather. Due to this only very few mangoes are sold to customers and there are not enough to meet customers' demands. This means that there is a scarcity of mangoes.
