Answer:
A) How are goods and services to be produced?
B) What goods and services are to be produced?
C) For whom are goods and services to be produced?
Explanation:
Resources are scarce in the economy which is why decisions need to be made about what to produce in order for the resources available to be utilized effectively.
To make these decisions, we must ask three very important economic questions which are: What are we to produce, how are we to produce it and for whom are we producing.
Answer:
<u>Popular sovereignty</u>
Is the ideals which state that a society need to be run according to the will of the majority of the people rather than a small number of elites.
<u>Social contract</u>
An ideal which state that a society can only be run if the people and the government engaged in a social contract. The people agree to let themselves constricted under the control of government legislations. In return, the government must work to increase the well being of the people.
<u>Natural rights</u>
Natural rights are a set of universal rights that cannot be undone / violated by any legislations or government actions under any circumstances.
<u>Individual rights</u>
Individual rights are a set of rights that bestowed to the people through a specific legal system. This rights can come and go depending on who held the position within the government.
Answer:
Teaches
Explanation:
History teaches people about the past. And shows how it is connected to the present and the future, which enables people to identify patterns that help people to avoid repeating (mistakes and poor decisions) and aides in making better decisions.
Answer: Theory, Hypothesis
Explanation:
Theory is referred to as a system or supposition of notion or ideas that were intended in order to explain something, especially the ones that are based on principles which are independent of things required to be explained. Whereas a hypothesis is known as the proposed or put forth explanation for a process or phenomenon. A hypothesis is referred to as a scientific hypothesis if the method that is scientific can be tested.
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