Social Studies, 29.06.2019 22:30, vannahboo2022
Why do economic decisions require individuals, businesses, and governments to make trade-offs? using the resources needed to buy or make one good or service means not having thoseresources to buy or make another. trading goods or services for one another, rather than using paper money, is the only wayto ensure a stable and predictable economy. the balance of power between the labor force in a society and those who own the meansof production must be maintained. choosing to create certain products is the only way to allocate resources in ways thatmeet everyone's wants and needs.
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