Absolute advantage means that one nation can produce a good or service more efficiently than anyone else.
Hello there! Scarcity determines the economic value of an item by the quantity of goods produced at the time. Let’s start by defining scarcity in economy:
Scarcity refers to the depletion, minimization, or absence of a public resource. Another way to remember this term is to think about a black footer ferret; it is an endangered species, meaning there is not much left of it. Scarcity has the same context as this but with different materials, primarily food.
Scarcity often causes the economic value of an item to raise because of its rarity. When there is less of a resource, the ideal solution for sellers of that resource is always going to be to raise the value. Money is always considered in cases like this. As the value of said item increases, less of it is made. Because less is made, there is a gradual depletion in supply of it. If you need any help, let me know and I will gladly assist you.
4)trade
Which of the following contributed to the rise of Sumer?
NOT:
1) farming
2)military power
3) isolated location
Answer:
Permissive parenting
Explanation:
In this style of parenting, parents are lenient, and they only step in when there is a severe issue. They are quite forgiving and might give privileges if a child begs for something. Permissive parents are lenient. They often only step in when there’s a serious problem. Permissive parents usually take on more of a friend role than a parent role. They often encourage their children to talk with them about their issues, but they typically don’t put much effort into discouraging poor choices or bad behavior.
The Soviet Union wanted to spread communism every where and the United States wanted to spread capitalism everywhere causing a disagreement