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What is a undesirable change?
If the available resources are scarce accordance with our nature of wants ,we should rearrange the required wants in accordance with the available resources!!; we simply called it 'un desirable change'.
How should 'economics' be defined?
Economics is the social science concerned with the production, distribution, and consumption of wealth and the allocation of scarce resources in order to meet apparently unlimited human wants.
What is the basic economic problem of every society begins as a result of scarcity of resources?
Scarcity is our limited resources but unlimited wants. Our resources are limited by the 4 factors of production - land, labour, capital and enterprise. The problem of scarcity is that our wants are always beyond what we can produce with our resources.
What is micro allocation and macro allocation?
Both macroallocation and microallocation deal with health care and its recourses. Macroallocation of health care resources concerns the policies of public health. Microallocation is concerned with choosing which individuals should receive the health care resources that are scarce or insufficient.
What were legal questions raised as a result of the new market economy?
-how tightly should patents protect inventions? -should the government regulate monopolies? -can a democratic government still support slavery?
What is a basic belief of conservative?
Government should try to protect society from changes
How do you protect human resources?
Basically the same as one should protect ANY resource, by NOT Abusing it.
Is there a Government agency to protect us from hackers?
What you should be asking is whether there is a hacker agency to protect you from Government.
What is a change?
If the available resources are scarce accordance with our nature of wants ,we should rearrange the required wants in accordance with the available resources!!; we simply called it 'un desirable change'.
How can people help protect animals species from extinction?
People should help protect extinct species because they are for all our Natural Resources
Why should you use coal and petroleum carefully?
They should be used carefully because, they are natural resources and they are scarce.
Why should the government protect its local industries?
1. To allow the infant industries grow. 2.To allow local industries enjoy economies of trade. 3.To put to optimum use the scarce resources available. 4.To encourage exports as opposed to imports. 5.To enhance employment levels in the economy because more people will be employed in the local industries.
What is a undesirable change?
If the available resources are scarce accordance with our nature of wants ,we should rearrange the required wants in accordance with the available resources!!; we simply called it 'un desirable change'.
What is the need to choose?
The first assumption made is that resources are scarce i.e. you only have that much resources (oil) to produce goods. e.g. if you only have 100 trees, you can only produce 200 desks and so on... Therefore, choice needs to be made on how to use these scarce resources (we have 100 trees so should we produce 200 desks or 500 chairs?)
According to the declaration of independence what should the government do?
According to the Declaration of Independence, the government should protect the rights the people have been given. Should the government fail in this fundamental duty, the people have the right to overthrow the government.
Prior to requesting assistance through intrastate mutual aid should a state first ask the federal government for resources?
No. A state should not first ask the federal government for resources.
What was an unalienable right that government should protect?
The right to personal liberty
