Yes indeed, Im sure they are
There are never enough goods and services to satisfy all wants and needs- this best explains that allocation decisions necessary.
Option: C
Explanation:
Resources are the thing that every human being needs. But it is impossible to get every required resource in our desired place like coal is only found in some selective region of world. But it is a very important resource to everyone. In India petroleum is only found in Mumbai high, Digboi (Assam), Ankleswar etc.
So for the equal distribution of resource to everyone resource allocation is necessary so that everyone can get the benefit of resource. Nowhere in the world have enough goods and services that satisfy all wants and needs. So the area full of resources will export it to the area which is lacking of it and will receive the other resources that is abundant there but scarce here.
The process of ranking people based on factors such as weather, gender and ocuupation is known as "Social stratification".
<u>Explanation:</u>
Social stratification relates to a practice by which a community ranks classes of people in a hierarchy. The categorizing of people is based on socioeconomic constituents like wealth, income, occupation, gender, race, education and social status.
There are four principles in social stratification.
- A quality of society, not only a representation of individual differences.
- Social stratification leads to generation to generation.
- Social stratification is common but variable.
- Social stratification includes not just difference but faiths as well.
It is essential and unavoidable because of the necessity to influence people with the required knowledge and skills to choose to pursue careers that are most important to society.
Monitors the consumer price index, B
