Why does an economic choice involve giving up something else? People make choices because they cannot have everything they want. All choices require giving up something (opportunity cost) Economic decision-making requires comparing both the opportunity cost and the monetary cost of choices with benefits.
Answer:
The amount of goods that are produced determines the value of an item. The company which produces the items provides the foremost methods so that their price of the product which is produced is less. If the company produces a little amount of that money, the value will be high.
South Carolina seceded from the union because Abraham Lincoln was elected president.
Answer:
Basically the cops beat him to death , while they beat him they laughed and joked around about it. The cops that did it were not put in jail, they were allowed to walk free without consequences. Riots and protest broke out after.
Explanation:
I really hate our justice system ♀️
Communism is not about a redistribution of wealth. Communism argues that wealth is unequally distributed in the first place because capitalism is inherently unfair, and that redistributing wealth (by taking from rich people and giving to poor people) would never solve the problem in the long term. Communism therefore seeks to eliminate capitalism altogether by eliminating markets, by giving the government control of the means of production (like factories and farms), and by distributing goods (like food and gasoline) to people according to need. The goal is to eliminate economic classes by eliminating need, so that there's no need to redistribute wealth, since everyone would be in an equal condition of prosperity. In practice, however, this has never really worked out.
