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What is the condition that results because wants are unlimited?
needs
What occurs when there when there are limited resources but unlimited wants and needs?
Scarcity
reasons why governments usually respond to the needs, views or requests of citizens?
because they want to help people
Provide an example that represents unlimited wants?
Unlimited wants and needs essentially means that people never get enough, that there is ... For example, once Duncan Thurly eats a hearty breakfast of pancakes and sausage, ... Whether a good is wanted or needed, it provides satisfaction.
What are people with no voice called?
People with no voice are often referred to as "nonverbal" or "non-speaking." This can apply to individuals who cannot speak due to various reasons, such as disabilities, medical conditions, or developmental disorders. Additionally, in a broader social context, "voiceless" may describe those whose opinions and needs are not heard or represented.
Explain Needs wants demand?
Needs - Human beings have many complex needs. These can include basic physical needs such as food, clothing, and safety. Other needs are social needs which includes affection, recognition, fame, etc. Wants - How people communicate their needs Demands - People have unlimited wants but also have limited sources. They tend to choose products that produce the most satisfaction for their money. When backed by buying power, wants become demands.
How did the Declaration of Independence respond to the needs of people living in England?
It didn’t. It wasn’t meant for the English people, but a letter to the king laying out the reasons for Independence.
What is the name given to the organized decisions of distributing limited resources among unlimited needs and wants?
is the name given to the organized decisions of distributing limited resources among unlimited needs and wants
What made a scarcity?
A scarcity is created when people have unlimited wants, or needs, but their resources are limited. When scarcity happens, many economic decisions must be made to efficiently allocate resources.
What company has the best unlimited plan?
There are many cell phone providers that offer unlimited plans. Verizon, AT&T, and Boost Mobile all offer unlimited plans for calls, data, and texting that would suit your needs.
Why is there such a wide variety of desired goods and services?
people have unlimited needs and wants, economics change over time, products are improved to satisfy consumers needs and wants because of the diversity of goods wanted this is why such a wide variety of goods is in the market.
What is a tertiary product?
distribution of finished goods to consumers for unlimited human needs satisfectory.
