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kow [346]
4 years ago
9

What is the main focus of economics?

Social Studies
2 answers:
frosja888 [35]4 years ago
8 0

Resource allocation is the main focus of economics.

<u>Explanation: </u>

Man’s needs and wants are unlimited but the availability of resources are limited and also due to the uneven distribution of the same economics has evolved into a branch of study consisting of ideas, theories and explanations about resource allocation.

Had there been equal access to resources to all the people, there wouldn’t have been a branch of study called economics. It can be studied at a micro level i.e., at the level of an individual and at a macro level i.e., at the level of group.

svetoff [14.1K]4 years ago
3 0
Economics focuses more on interactions/marketing/ those type of focus
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Do the economic benefits of free trade outweigh the social costs?
mamaluj [8]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Do the economic benefits of free trade outweigh the social costs?

Not really, and it all depends on the perspective.

From the big companies and industrial side, free trade has been a success. Free trade has allowed thousands of companies to export their goods with cero import tariffs, benefiting the income. It has allowed multinational companies to go abroad and establishing branches in different parts of the world, basically in underdeveloped nations.

Once there, they paid very low salaries, much less than what they should have paid in their former countries, That is a reason why they moved to underdeveloped countries. So cheap labor is one reason. And other these multinational companies freely exploit the many raw materials and natural resources of that underdeveloped country.

Meanwhile, free trade makes rich people and corporations richer, and poor countries and poor people continue to be as poor as they have always been. No serious progress at all,

8 0
3 years ago
Which statement best describes the constitutional amendment process?
AlekseyPX

Answer:

B

Two-thirds of both houses of Congress pass a proposed constitutional amendment. ... o Step 1: Two-thirds of state legislatures (34 states) ask for Congress to call “a convention for proposing amendments.” o Step 2: States send delegates to this convention, where they can propose amendments to the Constitution.

b

5 0
3 years ago
Read 2 more answers
The gig economy offers ?
vekshin1

Answer:

Flexible, short-term, and independent jobs.

Explanation:

Gig economy offers flexible, short-term, and independent jobs to their employee because in the gig economy the companies are hiring more freelancers in stead of full-time staff for their work. Freelancers are people who aren't employed permanently at one company but work independently for the companies. It is a flexible job without going to the office, a person can work from their home in free lancing.

7 0
3 years ago
The ethical code of the American Counseling Association requires counselors to use evidence-informed practices when treating cli
Elena L [17]

Answer: A) and D)

Explanation:

  • Studies that are showing which counseling will best approach most ethnic and racial groups that can be found in the United States are very helpful because according to studies those kinds of groups have their beliefs and they have, for example, a higher level of subjective religiosity than whites. They are also more likely to experience trauma or some bad experience in which they will need help and this treatment can help them a lot.
  • People are more likely to approach the treatments and studies for younger persons and children than adults. People must help those children with problems while they are active in the educational system.

7 0
3 years ago
What was the unintended effect of the British handling of the Gaspée incident in the American colonies in 1773?
BaLLatris [955]

Answer:

The unintended effect was that semiofficial links formed among the colonial governments.

Explanation:

The Gaspée incident was one of the key acts of defiance against British authority that would eventually lead to the American Revolution. The Gaspée was a British cutter that was in pursuit of a smuggling ship when it ran aground in shallow water. Rhode Islanders boarded the vessel and attacked the crew and burned it in Narragansett Bay. Despite concerted British efforts to bring the culprits to justice, the raiding party was never punished. It is an example of the way the colonists were growing tired of British restrictions and taxes and how England was trying to reassert its authority and impose tax burdens on the colonies in these tumultuous times, in part to help finance the wars it was engaged in with other European powers like France.  

8 0
4 years ago
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