Answer:
Your answers are A and E.
Answer:Making Economic Decisions
Individuals are forced to make trade-offs every time they use their resources in one way and not in another. The cost of making a trade-off is known as opportunity cost—the value of the next best alternative that has to be given up to do the action that is chosen.
Explanation:
Answer:
Supporters of Laissez faire believe that this type of system promotes more incentives to trade and economic growth, in addition to encouraging freedom among companies.
Supporters of economic intervention, on the other hand, believe that the intervention promotes fairer and more equitable trade and allows new companies to become as influential as old companies, which will promote economic growth.
Explanation:
Economic intervention allows the government of a country to impose limits and interference in trade and the productive sector. These limitations prevent economically strong companies from dominating an entire productive sector, promoting more commercial fairness and allowing new companies to emerge in addition to allowing small companies to grow in the same sector as large companies.
Laissez Faire, on the other hand, discredits any government intervention in trade and this imposes freedom on companies and industries, which will allow full production and vast economic growth.
Answer:
During the Renaissance, the European economy grew dramatically, particularly in the area of trade. Developments such as population growth, improvements in banking, expanding trade routes, and new manufacturing systems led to an overall increase in commercial activity. aslo, Trade brought many new ideas and goods to Europe. ... During the Renaissance people began using coins to buy goods which created a money economy. Money changers were needed to covert one type of currency into another. Therefore, many craftspeople, merchants, and bankers became more important i society
Explanation:
the answer is B._<span>lived in wigwams and longhouses</span>
<span>hope I helped</span>
