answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the word for the way a nation makes choices about how to use it resources?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the word for a man who makes clothes?

A tailor is a man who makes clothes.


What is a noun for economy?

The word 'economy' is a noun, a singular, common, abstract noun; a word for the a system of management of resources and industry and the income generated from it in a particular geographic region.; the careful use of money or resources.


Introduction to micro economics?

Economics is a social science which study how human being make choice to use scarce or limited resources to satisfies their unlimited choices. The word economics has been derived from two Greek words '' oikos ' means household and 'Nemien' means management.Thus the economics means management of household wants of each people are unlimited but most of the means to satisfies them like food and cloth etc are limited or scarce.Thus faced with scarcity people while managing the household must make choice people cannot have every things that they wants.So they have to choose among the available alternatives because scarcity forces people to choose. The economics is sometimes called science of choice science that explain the choice that people make and predicts how changes in circumstances affect their choices.


Use greed in a sentence?

The word greed could be used like this. Greed, even if it is just for certain things, will ultimately be the thing that makes you fall.


What is monopoly in social studies?

The definition for the word monopoly in social studies is "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. "

Related questions

What is the verb form of the word nation?

The verb form of the word "nation" is "nationalize."


Is choices a verb?

The word choices is a plural noun. To choose is the verb.


What is a word that means what are your choices that starts with an a?

Alternatives is a synonym for choices. It begins with the letter a.


What is the abbreviation for the word nation?

nation


What is the base word of national?

The base word of "national" is "nation."


What are the release dates for Life in the Word - 1997 Choices?

Life in the Word - 1997 Choices was released on: USA: 7 November 2012


What adjective can be formed from the word nation?

The adjective form of the word "nation" is "national."


What is he Maori word for nation or tribe?

The Maori word for nation or tribe is "iwi."


What is the french word for nation?

"la nation"


Another word for country?

NATION


What is an example of alternate word choices?

substitutes


What is the plural form of the word choice?

choices