The correct option is all of the above.
When the production possibility curve shifts shifts inwards, it means that there is a negative effect on the economy and as such the economy is shrinking due to the fact that the allocation of resources is not efficient.
Based on the options given, some of the reasons that will cause the PPC to shift in, closer to the origin include:
- a natural disaster that destroyed resources,
- a plague that resulted in widespread death.
In conclusion, all of the options are correct.
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Answer:
Much of life during the Stone Age was extremely difficult. Food was scarce and it was very cold. During the Paleolithic Era and the following Mesolithic Era (Middle Stone Age) beginning around 9,000 BC, the main sources of food were big, dangerous animals, which were needed not only for food, but also for clothing.
Explanation:
I think Hoover's approach was to do nothing and let them fix it self. FDR's approach was the new deal, which gave people jobs, food, money,etc.
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