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.
Answer:
Delaware, is the right answer.
Explanation:
The U.S. delegates on 17th September 1787, finally accepted the Constitution of the United States. This Constitution did not include the Bill of Rights even though there was much debate over this question. A total of 39 delegates out of 42 signed the constitution at the convention.
It required the Nine States to vote in favor of the constitution for it to be accepted. Therefore, the Founding Fathers gave all the 13 states six months to assemble and vote on the recommended Constitution. Out of the Thirteen States, Delaware was the first state to vote in favor of the proposed constitution.