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ruslelena [56]
3 years ago
10

1.) How does scarcity affect the value of resources?

History
1 answer:
Doss [256]3 years ago
5 0

Answer:

Scarcity as an economic concept "... refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good ... ."[1] If the conditions of scarcity didn't exist and an "infinite amount of every good could be produced or human wants fully satisfied ... there would be no economic goods, i.e. goods that are relatively scarce...

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Answer:

D. It outlawed slavery in the Northwest Territory.

Explanation:

The Land Ordinance of 1785 and the Northwest Ordinance of 1787 both encouraged settlement in the United States of America.

On the 20th of May, 1785 the United States Congress of the Confederation adopted the Land Ordinance of 1785. The Land Ordinance of 1785 enabled settlers in the underdeveloped west of the United States of America to purchase title to farmlands due to the fact that US Congress could not generate revenue through direct taxation.

Also, the United States Congress of the Confederation adopted and enacted the Northwest Ordinance on the 13th of July, 1787 which allowed new states to join the union from the Northwest Territory, as well as listing the bill of rights guaranteed.

In Art 6 of the Northwest Ordinance, it was stated that there shall be no more slavery or involuntary servitude in the Northwest Territory.  

<em>Hence, the Northwest Ordinance influenced the expansion of the United States of America because it outlawed slavery in the Northwest Territory and protected civil liberties or freedom such as habeas corpus, due process, freedom of religion, trial by jury, etc.</em>

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Which was the capital city of an axis power during world war 2
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Explanation:

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