Explanation:
relating to human society at a very early stage of development, with people living in a simple way without machines or a writing system: ... Early settlers had to cope with very primitive living conditions.
Answer:
A producer who has a <u>"comparative advantage"</u> experiences less cost when producing that good when compared with another producer.
Explanation:
When a producer is able to produce goods at a lower opportunity cost than the cost of other producers or partners of trade, than the term which is used in economics for this is comparative advantage. When you sell goods at lower cost than the others, it’s obvious that you will get stronger sale margins because everyone will buy your products.
The correct answer is C. Latent. Hope this helps!
GDP is a way to calculate the economy or cash a country has, yet nowadays money is not something many focus on. The new generation has come to realize that many things are more important than money. Though the United States has the largest GDP, Sweden has been titled the "Happiest Country". There are many things other than money that can be measured, things that people might find more important. People no longer want to measure things by the money one might make. Because our world doesn't have to revolve around money, if we could focus on other things then we might become less self-centered and less greedy, as income portrays selfishness and greediness.
