<span>It's definitely: Global economy</span>
Answer:
Internal
Explanation:
Internal locus of control is the term which is defined as the belief that the events in life of the person, whether bad or good, are caused or occurred through the controllable factors like effort, attitude of the person and preparation.
For example, when the person fail in test, the person acknowledge that he had studied adequate and did not understand the vital questions.
Therefore, the internal locus of control will resist the close supervision of managerial. So, should be placed in jobs needed high initiative and lower compliance.
The price will rise and effect on quantity is ambiguous
Answer:
c
Explanation:
Resources are means or factors used to produce goods and services that satisfy human wants.
Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.
Resources include :
Land are natural resources used to produce goods and services e.g. gold mine
Labor is the effort used by people in the production of goods and services.
Capital includes machinery and man made resources used in production e.g. hammer
An entrepreneur is a person who combines the other factors of production together
