simple
simple
When a society cannot produce all the goods that people wish to have, it is experiencing scarcity. This economic condition arises when limited resources are insufficient to meet unlimited human wants and needs. Scarcity forces societies to make choices about how to allocate resources effectively, often leading to trade-offs and prioritization of certain goods and services over others.
Oh, dude, that's like asking me to define the entire concept of society in a few sentences. But hey, I'll give it a shot. So, society's organized way of providing for its people's wants and needs is basically called an economic system. It's like the whole shebang of how we produce, distribute, and consume goods and services to keep everyone happy... or at least somewhat content.
How well the production questions are answered :What to produce? How to produce? For whom to produce? Are the wants and needs of the society as a whole and the individuals satisfied efficiently? Often that depends on your political perspective and your opinions about equity.
The society benefits from the business activities as people fulfill their needs and wants that are produced by the business organisations/factories and unemployed people find jobs.
simple
Everything that a society needs to function.
business
The process of change from pre-industrial society and the extended family to industrial society and the nuclear family. The family changed shape, functions and roles of its members to 'fit' needs of society. Losing many of its functions.
how do people provide for the needs of their family
there are two goals of society: 1.to provide protection to the people 2. to satisfy the institutions needs, by satisfying also the needs of the customers.
extended family
ebusiness
False
Confucianism teaches that individuals should prioritize the needs of family and community over their own individual desires. Central to Confucian ethics is the idea of filial piety and social harmony, which emphasize the importance of fulfilling one's obligations to family and society.
Because 'old' people contribute maturity, knowledge and experience to a society ! Older people have had a lifetime of experiences that younger people have yet to discover.
A traditional economy is an economic system where decisions are based on customs, beliefs, or religion within a social community. People work together to produce goods to meet their needs, and share with family. They trade with their community/family with their excess.