Answer:
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.
In a mixed economic system, most economic decisions are made by consumers or sellers, but some economic decisions are made by the government, such as those dealing with safety regulations, infrastructure (e.g., roads), education, military spending, and certification and business licensing.
Money helps to facilitate trade. Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
Explanation:
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Answer:
If more than one city agrees to something, then that makes the government pay attention to it.
Explanation:
Their research shows that: people can easily develop superstitious behaviors without<span> even being aware of it
In the experiments, the students were given 5 cent if they pressed correct number of key from 4 buttons (the only button that matter is number 3)
But instead just pressing the one correct number, the students keep pressing all buttons because they develop superstition that pressing all buttons are necessary.</span>
This heavily depends on many other factors and variables that will likely change in your lifetime. Right now, you’re a student, so it’s implausible for you to save large amounts because you most likely don’t earn the same amount of money the average adult does. However, further in your life, you might find that your income has risen significantly, so you can save a larger percentage of your income and keep it for your retirement.