Around 1900 the British empire ruled almost 1/4 (One-Fourth) of the land surface of the globe.
If you buy a lot of things there will be less for other people
The three economic questions that every society must answer are as follows: "What to produce?"<span> "How to produce?" and "For whom to produce?" The answers to these questions handle the matters of how to deal with scarcity and how to efficiently allocate resources</span>
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