Answer:
b. unlimited wants and limited resources.
Explanation:
There are different definitions of economics. Some say it´s a science that studies the production, distribution and consumption of good and services. Another definition refers to the theories and models that govern the market process. But definitely, economics must strike a balance between a society´s wants - that may be unlimited - and the limited resources available.
Answer:
Rural Free Delivery (RFD), legislation that Watson pushed through Congress in 1893, eliminated the need for individuals living in more remote homesteads to pick up mail, sometimes at distant post offices, or to pay private carriers for delivery.
Explanation:
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Good soil, Closest to animals and clean water
Answer: D. An economic system characterized by voluntary allocation
Explanation: Socialism promotes or encourages the need for production, distribution and exchange to be run by community at large instead of only the government running the affairs of the community.
Socialism is a shared responsibility for the production and distribution of resouces between individuals in the community or a group. It is the economic and political theory that encourages individuals to do things collectively for the common goal of the society.
D all of the above is correct
