Well of course it happens to be good for our society due to it helping people adjust. Hell yeah :)
Answer:
Natural Conditions Technical Progress Change in Factor Prices Transport Improvements) Calamities ) Monopolies Fiscal Policy.
Answer:
3. Hitler was allowed to take territory if he promised he would stop
Explanation:
It was kind of like an agreement to not do it next time, but he kept doing it again and again and was never stopped.
The first thing you need to produce goods or services is: Money or Capital then in the same order Material Resources and last but not least Labor.
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.