1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vivado [14]
3 years ago
5

What does it mean to economize? What is scarcity?

Social Studies
1 answer:
Anvisha [2.4K]3 years ago
8 0

Answer:

Scarcity is one of the key concepts of economics. It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy.

Explanation:

You might be interested in
Which of the following bodies of water is considered Earth's largest inland lake?
svet-max [94.6K]
The Caspian Sea should be the answer for earth's largest inland lake
4 0
3 years ago
What would happen if IHDI is higher than HDI? How about when IHDI is lower than HDI?
cupoosta [38]

When the Inequality-adjusted Human Development Index (IHDI) is higher than the Human Development Index (HDI), it indicates that the achievements in health, education and income aren't necessarily that high, and that it's better distributed. When the HDI is higher than the IHDI, it indicates that the achievements in health, education and income are higher than their distribution, that there is inequality for the sectors of the population that are benefited from those achievements.

8 0
4 years ago
Execution teams who work at prisons tend to deny personal responsibility for the executions and state that they are just followi
sp2606 [1]

Answer: Justify their actions externally

Explanation:

External justification is defined as the mechanism in which justification from external factors are searched for cognitive dissonance. External factors and events are made the cause of behavior that took place and the person himself/herself is not responsible for behavior.

According to the question. external justification is descried by people who follow authorities for their behavior.Execution team are basing their action or behavior on external factors i.e.- orders for avoiding their personal responsibility from executions

6 0
4 years ago
What are the blanks?
LenaWriter [7]
It gives you the page number so all you have to is look for that page and it should tell you the answer...
6 0
3 years ago
Read 2 more answers
In writing the Declaration of Independence, Thomas Jefferson was most influenced by the writers of the
Helga [31]
He was Influenced by the Enlightenment
6 0
2 years ago
Other questions:
  • An economy's ability to produce goods and services at a lower opportunity cost than that of other countries is referred to as
    10·1 answer
  • An independent regulatory agency
    10·2 answers
  • Which of the following statements is false?
    10·1 answer
  • Through field observations of Tiv artists in Nigeria, anthropologists have observed that many artists make the figures, textiles
    9·1 answer
  • which of the following legislative actions would lead to a direct increase in consumer spending? A) raising Social Security cont
    12·2 answers
  • An industry has 5 firms, and is found to have violated antitrust laws. The government breaks it up into 10 firms that will share
    12·1 answer
  • A student receives a bachelor's degree in economics and then achieves gainful employment as an economic analyst with a Fortune 5
    10·1 answer
  • Need help with this one plz. Look at directions above^
    5·1 answer
  • Why did French missionaries come to New France?
    14·1 answer
  • What was the goal of the second triumvirate?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!