Your next-door neighbors want to go on a European vacation but cannot afford it. so they decide to visit a local amusement park instead. this is an example of the economizing problem.
<h3>What's a profitable problem?</h3>
- Profitable systems as a type of social system must defy and break the three abecedarian profitable problems.
- What kinds and amounts of goods shall be produced," how important and which of indispensable goods and services shall be produced?"
- How shall goods be produced?. by whom and with what coffers( using what technology).?"
- For whom are the goods or services produced? Who benefits? Samuelson reworded this question as" how is the aggregate of the public product to be distributed among different individualities and families?
<h3>Why is the scrimping problem important?</h3>
- All societies face the profitable problem, which is the problem of how to make the stylish use of limited, or scarce, coffers.
- The profitable problem exists because, although the requirements and wants of people are endless, the coffers available to satisfy requirements and wants are limited.
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<em>Answer:</em>
<em>Answer:The traditional cultural values that influence the psyche of the Chinese people are harmony, benevolence, righteousness, courtesy, wisdom, honesty, loyalty, and filial piety.</em>
<em>Answer:The traditional cultural values that influence the psyche of the Chinese people are harmony, benevolence, righteousness, courtesy, wisdom, honesty, loyalty, and filial piety.Explanation:</em>
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The Peloponnesian War was fought between the Athens and Sparta. This was the war that opened a new dimension and reshaped the old Greek World and society. This was the war that destroyed Athens which was the largest Greek empire before the start of the war. This war created a cost rise all across Greece and this resulted in large scale poverty while Athens was never able to regain the prosperity prevalent before the war. This was also the war that gave birth to numerous civil wars across the greek Empire.
Answer:
True.
Explanation:
The Swedish political scientist Rudolph Kjellen was the first to use the term "geopolitics" in his works in the late 19th century. It´s the analysis of the influence of geography on power relations in international affairs. In the geopolitical analysis, factors such as climate, topography, access to the sea and arable land are part of the analysis of the interaction between geography and political issues affecting nations´ life.
Some goods are needs, and not wants. If the company decided to overprice, then when nobody can afford, everybody suffer. That is why the Office of Price Administration set limits to prices to avoid high prices and inflations.
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