Answer:
- Land, labor, and capital also are known as factors of Production
- Economies must answer the three economic questions because resources are Limited
- If an economy does not answer the three economic questions, resources may Run out
- Negative consequences can result when an economy does not answer the three economic questions.
Explanation:
The three basic economics question that must be answered are:
- What goods and services will be produced?
- How will the goods and service will be produced?
- Who will consume the goods and services?
Every society must answer these three question in order to meet the needs of its people. Every society answer these 3 basic questions differently, but each encounters the same fundamental problems, that are resourcea allocation and scarcity.
Hello!
The correct answer is A: The Declaration of Independence.
The declaration was ratified on July 4, 1776. However, it was not signed until early August later that year. The approval of the Declaration of Independence is the reason that Independence Day is celebrated every year on the Fourth of July.
I hope this helps you! Have a great day!
I believe the answer is C
I believe it’s a , could be wrong
I think it was the Chinese civil war.