Explain how absolute advantage and comparative advantage differ. Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost).
Answer:
i looked this up and the only thing i could find said 3 or 4 (eight is not an option...)
Explanation:
The purposes of government are:
- to establish laws,
- maintain order and provide security,
- protect citizens from external threats,
- promote the general welfare by providing public services.
The way in which the concept of government takes shape in people's lives is that people rely on the government to protect them from external aggression in the terms of police and other sister security agencies.
<h3>What is Government?</h3>
This refers to the group of people with the authority to oversee the affairs a country or state
Hence, we can see that The way in which the concept of government takes shape in people's lives is that people rely on the government to protect them from external aggression in the terms of police and other sister security agencies.
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The Spanish American war became a turning point in the history of the United States because America became an imperial world power.
<h3>What is Imperialism?</h3>
This can be defined as the growth of a country's power and also its influence through diplomatic means or through force of the army.
<h3>The Spanish American War.</h3>
This war took place in the year 1895. The war can be traced to the conflict that was in the Cuban country.
The Cubans were fighting the Spanish due to the fact that they needed their independence from Spain.
Read more on the Spanish American war here:
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