Answer:
Scarcity as an economic concept "... refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good ... ."[1] If the conditions of scarcity didn't exist and an "infinite amount of every good could be produced or human wants fully satisfied ... there would be no economic goods, i.e. goods that are relatively scarce...
<span>King George III speaks before both houses of the British Parliament to discuss growing concern about the rebellion in America, which he viewed as a traitorous action against himself and Great Britain. He began his speech by reading a “Proclamation of Rebellion” and urged Parliament to move quickly to end the revolt and bring order to the colonies.
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D. Finance minister (sergei witte)
A law which was created in order to directly protect consumers is: B. product safety laws.
<h3>What is a product?</h3>
A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer so as to satisfy and meet the demands, needs or wants of every customer. Some examples of a product include the following:
- Mobile phones or Smartphones
- Television
- Microwave oven
- Pencil
- Refrigerator
- Computer
- Shampoo
<h3>What are
product safety laws?</h3>
Product safety laws can be defined as a set of law that were primarily enacted under the Consumer Product Safety Act of 1972, so as to regulate most of the processes and individuals that are either directly or indirectly involved in the creation of a consumer product.
In this context, we can reasonably infer and logically deduce that a law which was created in order to directly protect consumers is product safety laws.
Read more on product safety laws here: brainly.com/question/18215744
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Complete Question:
Which of these laws was created in order to directly protect consumers?
pollution laws
product safety laws
wage laws
equal opportunity laws
