The correct answer is 4.
The the ability for everyone in society to own private property encourages entrepreneurship.
This ideology has its basis in modern capitalism in which the ideology states that by there being a free market and the right to private property, people in society are incentivised to create jobs and help the general economy by doing so.
Answer: ordinal scale
Explanation:
There are four levels of measurement: Nominal, Ordinal, Interval, and Ratio. In ordinal measurement, the attributes can be rank-ordered, and attribute labels such as "Strongly Disagree" can be used, always keeping in mind that we can assure that “strongly agree” means the subject agrees more than those who “strongly disagree”, but we cannot quantify their satisfaction levels. The Likert scale is an ordinal scale because it doesn´t allow arithmetic operations.
The term scarcity in economics refers to the fact that:
a. economic wants are limited and resources are abused
b. even in the riches country some people go hungry
c. no country can produce enough products to satisfy everybody's economic wants
d. it is impossible to produce too much of any particular good or service in a market economy
Answer:
BRUH IT IS D OKAY TRUST ME
Explanation:
