Scarcity determines the economic value of an item by the amount of goods produced.
<h3 /><h3>What is economic scarcity?</h3>
It corresponds to a context where there is a greater demand than supply for a good or service, generating an economic imbalance.
Therefore, in a situation of scarcity, consumers' desires may be limited, leading to higher prices and reduced purchasing power.
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Answer:
we need to preserve our traditional skill and technologies because it might help the future generations. We can preserve them by telling other family members or friends that seem interested.
Explanation:
1.Its good to keep doing something that's natural or special to you or your family.
2. Passing down the traditions and skill would help kids or family be more different then other people also.
Answer:
The answer is uninvolved parenting style.
Explanation:
This style is often characterised by a lack of attention to the child's needs. For this reason, it is sometmes called neglectful parenting. Uninvolved parents also tend to make little demands to their children.
Some of the effects this style has on children include poor social and academic skills, emotional isolation and dependency towards other people.
Answer:
Hope this helps!
Explanation:
Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer.
