Answer:
impacts industries
inspires business success
informs decisions
influences everything
international perspective
Answer:
4. people must make trade-offs.
Explanation:
Scarcity is the shortage of supply with respect to demand. It arises due to unlimited wants contrasted with limited resources - having alternative uses.
Scarcity : Demand > Supply
This leads to trade off (sacrifise) of something to attain anything, since the limited resources are short of unlimited wants & have alternative uses.
Eg : Having fixed money income (analogous to resources) & many commodities in consumption basket (analogous to wants); if one commodity is gained - it would be at the cost of sacrifising (trade off) some other commodity.
B. The work once done by skilled workers was now done by machines and unskilled workers.
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Mass-production techniques and technology called for setting up huge factories with large work force. It created a lot of jobs but due to the division of labor, the skill requirements for a particular job were quite monotonous. Skilled workers were replaced by machines and unskilled machine operators that could perform a single task instead of an array of tasks.
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3) Nelson Mandela. Hope this helps (I would research him though just in case)
