Using the concept of scarcity, explain why all of people’s needs and wants cannot be satisfied, and give an example of scarcity in action today.

On a supply and demand graph, equilibrium is the point where the two curves meet. the supply curve begins. the supply curve ends. the demand curve ends.

Why was the tea tax seen as a reprehensible to the people of boston ?

1. which of the following best explains why president roosevelt proposed his 1937 “court-packing” plan? a. he argued that more juries were necessary to hear challenges to the new deal. b. he wanted to add to the supreme court more justices who supported the new deal. c. he argued that the supreme court lacked the authority to overturn new deal programs. 2. the federal deposit insurance corporation (fdic) was created primarily to address which problem? think of where deposits are made. a. the widespread bank failures that resulted from bank runs b. the freezing of credit that resulted from high unemployment c. the increase in personal debt that resulted from rising food prices