Scarcity is what forces you to make trade-offs. Suppose you have an economy that produces and consumes 2 products, A and B. In a world without scarcity, you have enough resources (land, machinery, raw materials, manpower) to produce as many of each product as you need/want. However, in a world with scarcity, you have a limited amount of production resources. You can produce, let's say, 10 A products or 10 B products, or a combination of both products with less than 10 products each. For every additional A product you produce (up to the max of 10), you have to produce less B products. This is a trade-off.
Answer:
Subsidiarity and Unity Towards Social Order
Explanation:
there is no question (walang tanong)
Answer:
pearl harbor
Explanation:
in WWII we where neutral because the citizens viewed it as "Europe war" not our. we got involved after pearl harbor on December 7 1941.
Answer:
The campaign was heralded by the Battle of the Kalka River in May 1223, which resulted in a Mongol victory over the forces of several Rus' principalities. ... All Rus' principalities were forced to submit to Mongol rule and became vassals of the Golden Horde empire, some of which lasted until 1480
Explanation:
Dutch brought trade goods and took back cargoes of sugar, wine, hides
