Economics is the study of scarcity. Scarcity exists because the society has unlimited needs and wants but the resources to satisfy these are unfortunately, not unlimited. That is why there is a certain cost to scarce things. The scarcer the thing is, the more its costs. Aside from scarcity, factors like production cost and capital affect the cost of a thing, commonly referred to as a good.
Answer: Popular Sovereignty
Explanation:
Prior to the Kansas-Nebraska Act, the slave status of a new territory would be decided by the Missouri Compromise which based the state's slave status on geographical location as it prohibited slavery in states to the North of the 36°30′ parallel (excluding Missouri).
In 1854 however, a bill that would later be known as the Kansas-Nebraska Act was introduced to Congress by Sen. Stephen A. Douglas who hoped to gain support from Southern politicians for a state to be established on land gained from the Louisiana purchase.
The bill called for the status of a state to be decided by Popular Sovereignty which essentially meant that the people of the state would decide whether or not they wanted to be a free state instead of Congress as had previously been the case.
With this act therefore, the new territories would decide their status by themselves.
Will you recite the apostles creed?
Answer:
I think it is C but I am not sure
Explanation:
