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1. What to produce? 2. How to produce? 3. For whom to produce?
the basic economic problem facing all societies is CHOICE.as we do not have enough resources to satisfy human wants, we find it difficult to choose between two or more choices which leads to opportunity cost.
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
Societies answer the three economic questions based on their values!
The basic features of society include a shared culture, which encompasses beliefs, values, norms, and practices; a social structure that organizes individuals into relationships and roles; and institutions such as family, education, and government that fulfill essential functions. Additionally, societies are characterized by social interaction and communication among individuals, which fosters community and collective identity. These elements work together to create a cohesive framework that enables individuals to coexist and collaborate.
Life!,
Four institutions that are basic to all societies include family, government, economy, and religion. These institutions play crucial roles in shaping social behaviors, norms, and organization within a society.
No, not all societies share a basic consensus about norms and values. Different cultures and societies have unique belief systems, norms, and values that can vary greatly. These differences can stem from historical, geographical, and cultural factors.
meeting the basic needs of all.
the basic difference between eastern and western institutions , is that eastern institutions worship the group while western institutions worship the individual
Art and technology is considered as basic institutions for all cultures because all cultures have grown bigger knowledge and as they grown the technology and art grown much more because scientist and geographers have study and learned more and more
Social institutions are patterns of beliefs and behavior centered on basic social needs. Essentially, different elements of societies. Examples include, schools, workplace, religious institutions, family, politics, and economy.
What are the basic purposes of policing in democratic societies? How
The five basic institutions are family, economy, religion, education, and economy.
family
G. J. Wylie has written: 'Australian scientific societies and professional associations' -- subject(s): Directories, Learned institutions and societies, Scientific societies
1. What to produce? 2. How to produce? 3. For whom to produce?