is the study of economics necessary in a situation of abundant
Yes because even if there is abundant resources we still have to be able to use it to think of strategy to satisfy human unlimited needs and wants
Yes to be able to use the resources
is the study of Economics necessary in a situation of abundant
if resources were in abundant there would have been no need to study economics why? what is production
is the study of economics necessary in a situation of abundant
Scarcity is a relative aspect. Consider there is 'abundant' X and also 'abundant' Y but the consumer has to decide how much Income (Income may also be considered abundant) to allocate between X and Y (Now though both abundant they may be relatively scarce i.e. when compared to each other), and this is done from his perception of utility which is an economic concept. So economics is also the study of optimal allocation, in scarce or abundant scenario.
It stimulates the economy
is the study of Economics necessary in a situation of abundant
if resources were in abundant there would have been no need to study economics why? what is production
is the study of economics necessary in a situation of abundant
what do Canada abundant water resources allow it to produce
There are no abundant resouces
Romania has energy resources but not so abundant.
The two most abundant resources of Eastern Central Europe are coal and forests.
wast,
Abundant natural resources and abundant skilled workers
A person may need to have abundant energy resources for conserving energy. This allows a person to use alternative resources of energy, like solar energy for their home versus traditional electricity.
some surely did, depending on how bad the situation was. Humans in the very old era never had abundant amount of food, so having more hunters was necessary sometimes.
What crops were abundant in mesopotamia