My answer in regards to the most important factor in house pricing would be: Location.
If the house is located in a bad neighborhood or is simply a large house surrounded by small houses, the value of the house goes does (meaning the price decreases). Also, the average price of the surrounding houses affects the house's price. Example: if you are going to sell your house which is small in a nice neighborhood with large houses, the value (price) will go up on your house.
So in short, location is often a large determination in house pricing.
Hope this helps! :)
A. Building a network of roads.
Scarcity refers to the condition of insufficiency where the human beings are incapable to full fill their wants in sufficient manner. In other words, it is a situation of fewer resources in comparison to unlimited human wants. Human wants are unlimited. we may satisfy some of our wants but soon new wants arise. It is impossible to produce goods and services so as to satisfy all wants of people. Thus scarcity explains the relationship between limited resources and unlimited wants and the problem there in.
Assuming that this is referring to the same list of options that was posted before with this question, consumer goods and the means to buy them most led to more advertising.
<em>Basically the text is explaining that the way Americans level of skill made them unequaled to the rest of the world (mind, that is not a fact because there was a large share of well-working people in the world in this time) . Also it explains that American brain and ability to construct (why is this entire article just bragging about Americans being so much better when that's not 100% true?) was one of the most economic boosting things and they were very productive for that timeframe.</em>
<em>That's my best understanding of the article. (Scholastic really likes to brag about Americans, huh?)</em>
<em>-Northstar</em>
