Answer:
4. people must make trade-offs.
Explanation:
Scarcity is the shortage of supply with respect to demand. It arises due to unlimited wants contrasted with limited resources - having alternative uses.
Scarcity : Demand > Supply
This leads to trade off (sacrifise) of something to attain anything, since the limited resources are short of unlimited wants & have alternative uses.
Eg : Having fixed money income (analogous to resources) & many commodities in consumption basket (analogous to wants); if one commodity is gained - it would be at the cost of sacrifising (trade off) some other commodity.
United States and European privacy laws are largely based on the Fair information practices report.
The Fair Information Practices, additionally referred to as the Fair Information Practice Principles (FIPPs), are a set of 8 concepts concerning facts usage, collection, and privacy. They had been posted in 1980 through the Organization for Economic Cooperation and Development (OECD) and a number of countries agreed upon them in principle.
The FIPPs as they presently seem are primarily based totally on recommendations proposed through an advisory committee to the United States Department of Health, Education, and Welfare in 1973. The committee's document referred to that "Safeguards for personal privacy primarily based totally on our idea of mutuality in record-keeping could require adherence through record-retaining groups to certain fundamental concepts of fair records practice.
To know more about Fair Information Practices refer:
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Answer:
Management and Executive time / input
Commitment
Cost
Research
Assumptions
Review
Explanation:
Efficient utilization of resources: The most essential function of economic planning is to ensure the best use of given resources within the country. Maximum social benefits can only be ensured when the available resources are allocated and utilized in the most efficient manner.
Answer:
In the fifth generation, VLSI technology became ULSI (Ultra Large Scale Integration) technology, resulting in the production of microprocessor chips having ten million electronic components. This generation is based on parallel processing hardware and AI (Artificial Intelligence) software.
Explanation:
