Hello:
1. Extreme poverty.
2. Masses Ignorance.
3. No education in money matters
4. Violation of their rights
5. Constantly insecurity
Best regards
China was influenced by foreigners politically, socially, and economically during the Ming Dynasty. Missionaries come into China bringing both Christianity and technology. China struggled foreigners influence by kicking out the Mongols. Also, China began to detach itself and limited the foreigners’ trading posts.
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
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