Business, 19.05.2021 14:00, CurlyheadShay
Although rising living standards in many countries are lifting people out of poverty, there are frequent reminders of the fundamental problem of scarcity. In 2017, for example, a famine was declared in South Sudan. In recent years this African country has suffered civil war, low rainfall, increasing prices and disrupted farming. Now nearly half the population, about 5 million people, are struggling to survive and 100 000 are close to starvation.
1. Describe the choices people in South Sudan could make as to where they spend their money?
2. Describe two choices the government could make as to where they could spend its money?
Answers: 2
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Although rising living standards in many countries are lifting people out of poverty, there are freq...
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