Following your beliefs and values when making decisions is important because :
A if you do, you can prevent unwanted problems
or if you got one, at least it's 100 % from your own decision
hope this helps
The <em>concept of scarcity</em> states that there will be a deficit regarding the supply of a certain good in comparison the demand for it. Therefore, a state budget must revise its current state knowing that there will always be some players who will lose benefits in the attempt of shifting the assignment of resources.
The <em>marginal analysis</em> is an examination of the additional benefits a certain activity gets compared to a number of additional resources assigned to it. It helps the state government have a better view of where to allocate resources. As there are sectors that will probably gain more benefits than others with the same assigning of resources. The key to this analysis is to now the best amount to allocate to each sector in order to get the maximum efficiency of the budget.
<span>Copernicus placed the sun at the center of the universe. Ptolemy place the earth at the center.
Both of these view couldn't be proven at that time, but only Copernicus experienced negative backlash by the church because it's deviate from the biblical teaching. Not until year of 1600s before another intellects name Galileo created the invetions that might prove Copernicus' theory (which also being torn apart by Religious groups)</span>
Explanation:
Plato founded the Academy in Athens, the first institution of higher learning in Europe. The city of Alexandria in Egypt, established in 330 BCE, became the successor to Athens as the intellectual cradle of Ancient Greece. There, the great Library of Alexandria was built in the 3rd century BCE
The excessive money spending by the government. There is no free lunch. If the government spend too much money in something, it is not going to have money to attend other needs.
