yall still havent answered this question -___-
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
· The study of how the individuals and societies make choices about ways to use scarce resources.
When a nation can use fewer resources to produce the same amount of a product, it has an absolute advantage in the production of that product.
Maker economy are free to undertake economic . free to make choices how to use resources to satisfy their needs.
According to Adam Smith what directs the choices business people make about how to use their resources by profit.
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
The US Government focused the nation's economic resources primarily on the war efforts.
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
Forests should be preserved for public use.
Forests should be preserved for public use.
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
The island nation of Barbados has a few natural resources. The citizens of the nations use these to build their homes and survive along with welcoming tourists.
· The study of how the individuals and societies make choices about ways to use scarce resources.
A client or a workstation.
The nation needs to establish a colony so they may use their resources and build up militarily and economically.
When a nation can use fewer resources to produce the same amount of a product, it has an absolute advantage in the production of that product.