Answer:
4. people must make trade-offs.
Explanation:
Scarcity is the shortage of supply with respect to demand. It arises due to unlimited wants contrasted with limited resources - having alternative uses.
Scarcity : Demand > Supply
This leads to trade off (sacrifise) of something to attain anything, since the limited resources are short of unlimited wants & have alternative uses.
Eg : Having fixed money income (analogous to resources) & many commodities in consumption basket (analogous to wants); if one commodity is gained - it would be at the cost of sacrifising (trade off) some other commodity.
Answer: Rip was asleep and the people kept wondering he was a spy from England.
Explanation: Washington Irving's story "Rip Van Winkle" that tells the story of how the United States was established when Rip Van Winkle was asleep for two decades. Rip was asleep and the people in the town wondered if he was a spy sent from England. Later, when he returned to his town finally, it was an old woman that recognized him. When Rip informed the town what had happened, old Peter Vanderdouk was consulted and he confirmed that it is true that the Kaatskills are haunted. Rip rip was asleep when United States had been to war and eventually got her independence.
Answer:
Crayon.
Explanation:
A crayon is known to be a kind of stick like pencil, but made of called wax, and it is useful for painting.
It is known that that the first crayon which looks like the modern crayon was made in Europe. And it was initially or originally made then out of the mixture of charcoal and oil. But now, the charcoal has since been replaced by various pigment and the oil been replaced by wax. This because the wax provides a better and stronger writing stick and it is easier to work with.
It should be noted, that crayon is used for writing and drawing, and its invention can be dated back to 18th century.
