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A resource with desired quantity less than its demand.
What else can I help you with?
What is a Another name for economic activity?
what is meant by economic activity
Do economic resources include capital and money?
Yes because it will talk about all the economic problems, solutions, you name it!
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
What is another name for economic system in the US?
capitalism
How do you evaluate the Philippines economic resources?
To evaluate the Philippines economic resources you have to look at the plants that are working. The amount of money that each resource is generating is another factor that can be used for the evaluation.
What is a Another name for economic activity?
what is meant by economic activity
Do economic resources include capital and money?
Yes because it will talk about all the economic problems, solutions, you name it!
What are economic resourses?
Economic resources are resources that help the place.
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What is another name for Human Resources?
labor
What is another name for economic system in the US?
capitalism
What is another name for stewardship?
appropriate use of resources
How did European imperialism in Africa and Asia differ from one another?
Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.
What is economic theory another name for?
An economic theory is a theory that has to do with the production, distribution and consumption of goods and services.
What is another name for deadweight loss and how does it impact economic efficiency?
Another name for deadweight loss is allocative inefficiency. Deadweight loss occurs when the quantity of goods or services produced and consumed is not at the optimal level, leading to a loss of economic efficiency. This loss is caused by market distortions such as taxes, subsidies, or price controls, which result in a misallocation of resources and reduced overall welfare in the economy.
What another name for economic system?
Capitalist Mixed Economy
