Thomas Jefferson is the founder.
Answer:
B
Explanation:
Because not all goods are traded internationally. ... - Because production of most goods involves increasing opportunity costs.
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Prohibition, the attempt to halt the sale and consumption of alcohol in the 1920's, was unsuccessful. Americans continued to buy and drink alcohol supplied through a wide network of organized crime.
Answer:
Based on the chart, the one that best explains why France and Britain approached peace talks differently than the United States is that These countries suffered a large number of deaths, casualties, and severe economic loss as a result of the war.
Explanation:
France and Great Britain were severely affected by The World Wide War I, these numbers represent millions of loss in many ways that will continue affecting the country afterwards, the economic affectation was not only because of the quantity shown after war but all the citizens who died in it and will leave unsupported families that will experience unbalance and financial problems.
Answer:
Land, labor, and capital also are known as factors of <u>Production.</u>
Factors of production help in the production of goods and services to convert raw materials into finished goods. There are 4 of them including land, labor, capital, and entrepreneurship.
Economies must answer the three economic questions because resources are <u>Limited.</u>
There are 3 fundamental economic questions that should be answered before goods and services are produced so that the economy in question can be able to prioritize. These questions are; What to Produce, How, and for Whom?
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If an economy does not answer the three economic questions, resources may <u>Run Out</u><u>. </u>
As the economy has scarce resources, the aforementioned questions should be used to prioritize ventures in such a way that the resources that are available are channelled towards the most efficient of those ventures otherwise the resources might run out.
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<u>Negative</u> Consequences can result when an economy does not answer the three economic questions .
If the economy fails to answer the questions, there will be negative consequences as resources will become scarce and the economy will suffer because production will reduce and the people in the economy become worse off as a result.
