answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Does the way that the government allocates resources result in everyone's wants being met?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the result of having limited resources in an economy?

People make economic choices about what to do with their resources.


How is communism considered both an economic system and a form of government?

Communism is a system of allocating resources the the people and creating a socially equal result. All citizens will be given the same resources at the same amounts. Everything is essentially communally owned, and communally produced. As a result, there is no social stratification - nobody is rich, nobody is poor. We have made it out to be an economic system. However, in order to do this, there must be a very strong central government that can exert its power over all the peoples of the nation in order to carry out the distribution of wealth. Therefore, communism becomes a form of government.


What does it mean by ''choice arises as a result of scarcity of resources''?

Choice is a situation where there are limited resources to satisfy numerous wants


What factors that would shift the production possibility curve inward or outward?

An outward shift would result when there is an improvement in technology that would benefit both types of goods. An increase in the workforce which would result in mor factor resources being exploited. An improvment in productivity and effeciency in goods production. An inward shift would result when there is unemployed resources or when the economy uses resources inefficiently


Trade arises as a result of the uneven distribution of resources and?

J Baptiste Arab Money

Related questions

What is the result of having limited resources in an economy?

People make economic choices about what to do with their resources.


What does it mean by ''choice arises as a result of scarcity of resources''?

Choice is a situation where there are limited resources to satisfy numerous wants


How is communism considered both an economic system and a form of government?

Communism is a system of allocating resources the the people and creating a socially equal result. All citizens will be given the same resources at the same amounts. Everything is essentially communally owned, and communally produced. As a result, there is no social stratification - nobody is rich, nobody is poor. We have made it out to be an economic system. However, in order to do this, there must be a very strong central government that can exert its power over all the peoples of the nation in order to carry out the distribution of wealth. Therefore, communism becomes a form of government.


As a result of the weakness of the confederation government?

The result of the weakness of the confederation government was a disorganized economy that lacked the ability to pay for itself.


What are the challenges facing special education in Kenya?

Kenya is a developing country that does not have a lot of resources to spend on special needs education. As a result, these programs are not a major focus of the Kenyan government, so they are not able to develop.


What are the current trends in special education in Kenya?

Kenya is a developing country that does not have a lot of resources to spend on special needs education. As a result, these programs are not a major focus of the Kenyan government, so they are not able to develop.


What is a often result of depletion of nonrenewable resources?

Human population growth.


What are the key result areas of Human Resources Management?

performance management


When a population lives in an environment with limited resources the most likely result is?

Death ;)


Grouping resources and activities to efficiently and effectively accomplish a result is called?

Planning


What factors that would shift the production possibility curve inward or outward?

An outward shift would result when there is an improvement in technology that would benefit both types of goods. An increase in the workforce which would result in mor factor resources being exploited. An improvment in productivity and effeciency in goods production. An inward shift would result when there is unemployed resources or when the economy uses resources inefficiently


Contrast the social contract theory of government with the divine right theorywhat type of government would result from each theory?

contrast the social contract theory of government with the divine right theory. what type of government would result from each theory?