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...
The new Latin American countries formed republics influenced by governments in Europe and the United States.
Answer:
Babylonians used the Cuneiform system of writing. They borrowed it from the Sumerians and used it for government and religious purposes. For government purposes they used Akkadian and for religious purposes they used Sumerian.
Explanation:
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The command economy is controlled by a central force like the government. Market economies are controlled by market forces
