Answer:
I guess it could. If you had like a graph of their financial status increasing. Speaking of which thatd the information you would need. You would need to be able to see their finances.
Answer:
True
Explanation:
Because you would have to be born into it
It means the income is unfair, some people earn more than others and etc
Answer: specialization
Explanation:
Division of labor us simply the delegation or division of roles so that a job can be done quicker.
Opportunity cost is what is forgone by an economic entity such as an individual, firm or the government in order to get something else.
Voluntary exchange is when customers and companies engage in market transactions freely. It is the idea that people are motivated due to their self interests.
Physical capital are the consists of tangible, and the man-made objects that are purchased by a company for the production of a good.
Specialization is the concentration in a particular department or area by an individual in order to be more efficient and effective.
From the analysis, we can see that one division of labor increase, specialization increase as well.
