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...
Answer:
Durham , North Carolina
Explanation:
Durham , North Carolina is the home of North Carolina Central University and is a good match for those seeking a vibrant city atmosphere.
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Answer:
According to Confucian philosophy, society could not survive without agriculture. One-Third were artisans because they produced nonessential goods.
Explanation:
Merchants were at the bottom of the social order because they generated wealth without producing any goods.
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Melina B.
The person that makes economic decisions in a command economy is the government