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Ray Of Light [21]
4 years ago
7

In a least 150 words answer the following question. Which of the three economic systems (market, planned, and mixed) do you beli

eve address the issue of scarcity the best? Give two examples of why this system is superior to the other choices
History
1 answer:
zhannawk [14.2K]4 years ago
8 0

Scarcity is the fundamental challenge confronting all individuals and nations. We all face limitations... so we all have to make choices. We can't always get what we want. How we deal with these limitations—that is, how we prioritize and allocate our limited income, time, and resources—is the basic economic challenge that has confronted individuals and nations throughout history.

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Allied nations wanted to diminish Germany’s economic and military power

Explanation:

This is the correct answer of edge as I got a 2/2 (100%) on this section of the test. There is further proof that I am correct in the file attached.

An excerpt from history.com: "The Treaty of Versailles held Germany responsible for starting the war and imposed harsh penalties in terms of loss of territory, massive reparations payments, and demilitarization."

If you read this carefully it matches the answer I have provided.

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