Answer:
b. unlimited wants and limited resources.
Explanation:
There are different definitions of economics. Some say it´s a science that studies the production, distribution and consumption of good and services. Another definition refers to the theories and models that govern the market process. But definitely, economics must strike a balance between a society´s wants - that may be unlimited - and the limited resources available.
Answer:
Social classes and urbanization would be the answer to this question.
The first to settle there were the English from England.
"The colonies were similar because they both contained people seeking new and better lives. ... The northern colonies were for mostly the middle class who could afford to live. Many people and immigrants came to America because they were poor and the most opportunities for jobs were in the south."
"The Middle colonies and New England had few slaves, while the southern colonies had africans as much of the population. Most southerners were poor men seeking work, while most northern immigrants were in the middle class. The colonies were similar because they both contained people seeking new and better lives."
I hope these help!:)
We need to study history to learn about the past and how it now impacted our life’s in many different ways!
