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What economic goals correlates with the explanation the ability of people to make choices?
Wiki User
∙ 12y ago
There are different economic goals that correlate with the explanation decisions about how much workers should receive in income. Some of these goals include lifestyle, security and equity.
Wiki User
∙ 9y ago
Wiki User
∙ 12y agofreedom
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What is the basic economic problem that makes choices necessary?
The basicc economic problem that makes choices necessary is that there are limited economic resources & unlimited human wants.
What are the basic economic choices?
first of all, ask yourself the definition of economic choice
Examples of economic choices you have to make?
different people make different economic decisions
What are three economic choices every society must make?
The three economic choices every society must make is what the society will produce, how it will be produced, and who will get what is produced.
How do personal choices factor into the economic decision?
Personal preferences determine demand amongst economic agents.
What is the basic economic problem that makes choices necessary?
The basicc economic problem that makes choices necessary is that there are limited economic resources & unlimited human wants.
The ability to make choices and to accept the results of those choices is called what?
The ability to make choices is called "free will." To accept the results of those choices is also known as "taking responsibility for your actions."
What is the definition for Safety and Choices?
The ability to be smart with your choices and investments and use them to plan for your future.
What are the basic economic choices?
first of all, ask yourself the definition of economic choice
Examples of economic choices you have to make?
different people make different economic decisions
What are the career choices in the game of LIFE?
economic problems
What are three economic choices every society must make?
The three economic choices every society must make is what the society will produce, how it will be produced, and who will get what is produced.
How do you make the best economic choices?
make a scale of preferences
Can you give an example of a sentence using the word 'economic'?
It was characteristic of Jim to make thrifty and economic choices.
In what phase of the economic cycle above would individuals experience the most freedom in their economic choices?
peak
How do personal choices factor into the economic decision?
Personal preferences determine demand amongst economic agents.
People must make choices to satisfy their needs and wants?
Economic
