Answer:
A War Bond was both an investment in one's country and an investment in one's own financial future.
Explanation:
Answer:
Explanation:
The main purpose of labor unions is to give workers the power to negotiate for more favorable working conditions and other benefits through collective bargaining.
Answer:
People make choices about what to buy.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of buying a product is the utility (satisfaction) that could be derived in another product using the same amount of money.
For example, if you decide to use your money to buy a Playstation 5, your opportunity cost would be the satisfaction you could have derived if you had invested the same amount of money in buying a bike for easy transportation.
Hence, opportunity costs exist when people make choices about what to buy.
President Carter's attempts to free the hostages were done in good faith and effort, but were hampered by failures in communication, delivery and execution. The plan involved servicemen who were not as well-trained as they could have been and certain weather effects like the "haboob" which was a big dust cloud, doomed the mission. Carter does deserve credit for taking responsibility for the failure however.
The Soviet and USA decided to end the space race.
