Answer:
Land, labor, and capital also are known as factors of <u>Production.</u>
Factors of production help in the production of goods and services to convert raw materials into finished goods. There are 4 of them including land, labor, capital, and entrepreneurship.
Economies must answer the three economic questions because resources are <u>Limited.</u>
There are 3 fundamental economic questions that should be answered before goods and services are produced so that the economy in question can be able to prioritize. These questions are; What to Produce, How, and for Whom?
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If an economy does not answer the three economic questions, resources may <u>Run Out</u><u>. </u>
As the economy has scarce resources, the aforementioned questions should be used to prioritize ventures in such a way that the resources that are available are channelled towards the most efficient of those ventures otherwise the resources might run out.
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<u>Negative</u> Consequences can result when an economy does not answer the three economic questions .
If the economy fails to answer the questions, there will be negative consequences as resources will become scarce and the economy will suffer because production will reduce and the people in the economy become worse off as a result.
Here is the answer of the given question above. The argument that Carnegie makes about the uses to to which the great fortunes of industrialists should be devoted is that he argued that the wealthy must live modestly and make use of their fortunes for the elevation of all civilization. Hope this answer helps.
Answer:
We can thank geography for that. If you look at a map of Eurasia, you can see many massive mountain ranges and rivers, all of which separate early tribes apart. When one tribe is split apart for long enough, the people in each tribe develop their own distinct and unique identity, which also includes languages. There are several very interesting researches on this phenomenon online if you look deep enough and I do recommend you check them out, it's quite the fascinating read.
Answer:A
Explanation: I just took a quiz on this with the same question and it was A.
