Question 2 of 10 What is a major difference between economic wants and economic needs?​

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Answer 1

Economic wants and economic needs are two distinct concepts in economics.

Economic needs are the basic requirements for survival and well-being, such as food, clothing, shelter, and healthcare. These needs are considered essential and are independent of the level of income or standard of living.

Economic wants, on the other hand, are desires for goods and services that are not essential for survival but improve quality of life. They are shaped by cultural, social, and personal factors and are unlimited in number. Economic wants are also influenced by income levels and can change over time.

In short, the major difference between economic wants and economic needs is that economic needs are necessities while economic wants are desires that are influenced by non-essential factors.


Related Questions

Which good from China changed how people engaged and trade, recorded history, and communicating with each other?

A. Silk
B. Paper
C. Horses
D. Lacquerware

Answers

Answer:

A. Silk changed how people engaged and traded, recorded history, and communicated with each other.

Explanation:

The good that changed how people engaged and traded, recorded history, and communicated with each other was silk. It was first produced in China and was highly valued for its softness and shine. Silk became a major trading commodity, and merchants along the Silk Road, a network of trade routes that connected China with the Mediterranean world, traded it for other goods. The use of silk in clothing and other products had a significant impact on the economies of the countries it was traded in, and it was also used to create scrolls for recording historical events, as well as for communication in the form of silk messages. The production and trade of silk thus had far-reaching consequences for the world's cultures and economies.

Answer:

B. Paper

Explanation:

Please someone give me the answer fast

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Answer:

it's Hinduism

Explanation:

I know because in Hinduism true freedom is death

in the latter half of the eighth century bc, large numbers of greeks left the greek mainland to establish new farming colonies in which areas?

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In the latter half of the eighth century BC, large numbers of Greeks left the Greek mainland to establish new farming colonies in Italy (including Sicily).

In Greek history, there were moments when the population movements reached a peak. One such peak was called the refugee movement in the late eighth to sixth centuries BC.

Due to famine and demographic growth, Greece from the late 8th century onward was no longer able to support its population. Furthermore, Greece had always been an agriculturally poor country. It was unable to support its population even in Mycenaean times. The Greece, as a result of both demographic growth and famine, sent out small expeditions to find new settlements throughout the Mediterranean, which includes Italy and Sicily.

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ah HISTORY ah


In what year did the Battle of Hastings take place?

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1066! The Battle of Hastings took place on October 14, 1066.

What message do you think the artist wants to give us about the emperor?​

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The message that artist gave about emperor is art should not be discarded or denigrated just because it appears to be out of fashion.

What is a Message for the Emperor?Mark Frutkin’s latest novel is poetic and cinematic, with a fable-like quality. The action takes place in ancient China and revolves around Li Wen, an artist ordered by his master to deliver a mysterious message to the emperor.During his travels, Li Wen learns many valuable lessons about life and art. Among them is the notion that art should not be discarded or denigrated just because it appears to be out of fashion.

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His grandpa had served as president also, but he lasted much longer in the white house than his grandpa. As president, he proposed the annexation of hawaii and signed off on the mckinley tariff

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The person described is William McKinley, who served as the 25th President of the United States from 1897 until his assassination in 1901.

William McKinley served as the 25th President of the United States from 1897 until his assassination in 1901. During his presidency, McKinley pursued a policy of foreign expansionism and was responsible for the Spanish-American War and the annexation of the Philippines, Guam, and Puerto Rico.

At home, he supported the gold standard and worked to implement protective tariffs on imported goods. In addition, McKinley championed a free market economy and advocated for the full political and social rights of African-Americans. Ultimately, McKinley's presidency established the U.S. as a world power and strengthened its standing in international politics.

-------The given question is incomplete, the complete question is:

"His grandpa had served as president also, but he lasted much longer in the white house than his grandpa. As president, he proposed the annexation of Hawaii and signed off on the McKinley tariff. Who is he?"-------

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page(s) 29-32 1.5. what were the chief features of the spanish empire in america? the pueblo revolt (1680) provided lessons for both nnatives and spanish peoples. what were the outcomes of the pueblo revolt?

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In their interactions with indigenous, the Spanish developed a more lenient stance. The key aspects of the Spanish empire in America Christianizing Native Americans and permanent settlements.

The native tribes revolted in 1680 against the oppressive Spanish rule. This was known as the Pueblo Revolt. About 1610, the Santa Fe was ruled by Spaniards. The Pueblo people were under pressure from to provide labour and corn, but the famines made things worse.

Tensions between the two groups grew as a result of the conversion of the locals to Christianity and invasions from the adjacent tribes. Spanish attitudes about the Pueblo people shifted as a result of their united onslaught with other Indians.

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Explain ONE way that advances in war technologies affected the development of World War I

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The development of war technologies played a significant role in the outbreak of World War I. Advances in military technology enabled the destruction of lives and property on a scale never seen before. The invention of tanks, machine guns, and chemical weapons all contributed to the devastation of the war.

Tanks were introduced during World War I as a new form of mobile artillery. These heavily armored vehicles provided a much-needed advantage for the Allied forces, allowing them to break through German lines in key battles. However, the Allies’ use of tanks also increased the intensity of the war by making it easier to penetrate enemy trenches.

Machine guns proved to be even deadlier than tanks, as they could fire bullets more quickly and at a much greater range than ever before. This made it easier for soldiers to kill their enemies from far away, reducing the risk of exposing themselves to enemy fire. Meanwhile, the use of chemical weapons, such as chlorine and mustard gas, caused extensive suffering and death. The Allies used these weapons to clear the enemy trenches, often resulting in extensive and horrific casualties.

In summary, advances in war technologies during World War I allowed for unprecedented destruction and immense casualties. Tanks, machine guns, and chemical weapons allowed for the rapid movement of troops and far-reaching destruction, ultimately resulting in the devastation of the war.

One way that advances in war technologies affected the development of World War I was that it made it much more difficult for infantry soldiers to fight. For example, machine guns and tanks were used a lot and they were almost impossible to counter.

In your opinion, are labor unions necessary ? Why or why not?

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A labor union is an organization created by employees of a particular trade, business, or organization with the goal of enhancing compensation, benefits, and working conditions.

Are labor unions necessary ? Why or why not?

They are necessary because of following reasons:

Protecting workers' rights: Labor unions serve as a collective voice for workers and advocate for better wages, benefits, and working conditions. They also help to protect workers' rights and ensure that they are treated fairly.

Improving job security: Labor unions can help to improve job security by negotiating contracts that provide protection against layoffs and discrimination.

Arguments against labor unions:

Negative impact on businesses: Some argue that labor unions can be detrimental to businesses by increasing costs and reducing competitiveness. Unions can also make it more difficult for businesses to respond to changes in the marketplace.

Reducing economic growth: Some argue that labor unions can slow economic growth by making it more difficult for businesses to compete in the global marketplace and limiting their ability to innovate and create jobs.

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Sumerian rule under Shulgi extended far to the north and near the source of the Euphrates River.

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True, Sumerian rule under Shulgi extended far to the north and near the source of the Euphrates River.

Explain the extension of the rule of the Sumerian Empire?

The Sumerian King Shulgi, who ruled around 2094-2047 BCE, extended the rule of the Sumerian Empire far to the north and near the source of the Euphrates River.

Shulgi was the second king of the Third Dynasty of Ur, and he is remembered for his military conquests, his building projects, and his reforms of the legal and economic systems. He also promoted the study of literature, music, and the arts, and he is regarded as one of the greatest patron of the arts in ancient Sumerian history.

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debate over the 1845 constitution included question 2 options: 1) a spirited debate of voting rights. 2) a fist-fight in the hall of the convention. 3) a debate on requiring all texans to speak english. 4) a compromise on the treatment of native americans.

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A spirited debate of voting rights was the major topic of debate over the 1845 constitution of Texas.

What is voting rights?

The Voting Rights Act of 1965 was  a significant part of federal legislation which  forbids racial discrimination in voting in the United States. The President Lyndon B. Johnson signed it into law.

What is the 1845 constitution of Texas?

Texas was able to craft its first state constitution with more care. The Constitution of 1845 established Texas law in an easy-to-understand manner and was adopted right before annexation. Constitutional experts believe it to be one of the best state constitutions ever written.

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Answer the questions given in the picture

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Under the leadership of Pres. Franklin D. Roosevelt, the American people and the U.S. economy gradually rebounded from the Great Depression.

How does the debate between FDR and Hoover impact politics today?

the 1932 presidential election of Franklin D. Roosevelt and his March 1933 inauguration. Creating a whole history for what is effectively a prologue may seem weird. The conflict between lame-duck Hoover and the incoming Roosevelt, according to UC Davis professor Rauchway, is where we can already see the tension between the New Deal and its opponents, which would govern American politics for a large portion of the rest of the 20th century.

He said that, contrary to what has occasionally been believed, the New Deal was not an exercise in invention and experimentation. Contrarily, it demonstrated a clear ideological stance that American voters had consciously chosen in the fall of 1932.

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who was leaders of the roman catholic faction during the wars of religion on france ?

Answers

Answer:

Henry, Duke of Guise.

Explanation:

here was almost a macabre humor to the fact that the leaders of the three factions were all named Henry - King Henry III of Valois, Prince Henry IV of Navarre, and the leader of the Catholic League

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What did the victory of the northern states in the US Civil War mean?

Answers

The abolishment of slavery, and the occupation as subsequent reconstruction of the Southern States


How did new technology in farming cause farmers to struggle during the late 1800s?

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Answer:

During the late 1800s, new technology in farming allowed farmers to increase crop yields with less labor, but falling prices and rising expenses left them in debt. This caused a decrease in their profits and led to unrest amongst farmers. New machines were invented during this period, but horses, oxen, and people still provided most of the power that operated the machinery. Additionally, new methods of transportation allowed more products to be grown and new technology for farming and processing foods made it possible for farmers to grow more products than before.

Explanation:

During the late 1800s, new technology in farming caused farmers to struggle due to falling prices and rising expenses.  This was exacerbated by monopolistic lenders who charged high interest rates and an inadequate money supply, leading to deflation. New machines for use in farming were invented during this period, but horses, oxen, and people still provided most of the power that operated the machinery. Additionally, new methods of transportation allowed more products to be grown and new technology for farming and processing foods made it possible for farmers to grow more than ever before. However, this increased production led to a decrease in prices which left many farmers in debt. As a result, farmers began organizing cooperatives like the Grange and the Farmers' Alliance to promote their interests.

Illustrate the impact that European Colonization of the Americas had on the peopl
of Africa.

Answers

Europeans changed nearly every element of the continent and its inhabitants as they progressed from exploration to colonization, from trade and hunting to conflict and private property.

The evolving continent was shaped by European products, concepts, and diseases.

Along with establishing their colonies, Europeans also split and segmented their communities along racial and religious lines. The majority of individuals in ancient cultures were not free; instead, they worked as slaves or servants, doing the labor necessary to create riches for other people. The American continent had developed into a location of sharp contrasts between slavery and freedom, as well as between the wealthy and the poor, by the year 1700.

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how did industry in london affect population growth between 1750 and 1900?

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Improved nutrition stimulated population growth and higher life expectancy; this was one of the primary reasons why the Industrial Revolution in London affected population growth between 1750 and 1900.

What does the Industrial Revolution mean?

The Industrial Revolution was the transition to new industrial practices that occurred in the United Kingdom, continental Europe, and the United States between about 1760 and 1820-1840.

The Industrial Revolution was the transition from manual to machine manufacturing. Historians differ on when it began and ended, although it mostly spanned the years 1760 to 1840.

The Industrial Revolution was the shift from an agricultural, primarily handicraft-based economy to one dominated by industry and machine manufacturing in modern history. These technical developments resulted in novel employment and housing arrangements, as well as a drastic shift in society.

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which best explains the connection between ethnic diversity in the united states and support for neutrality during world war i?

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The majority of the people in the United States were pacifists and originated from various European nations.

How did Russia participate in the American Civil War?

The Imperial Russian Navy dispatched two fleets to American waters during the winter of 1861–1862 in an effort to prevent them from becoming entrapped in case a war with Britain and France broke out. While many Americans at the time saw this as an intervention on the Union's behalf, several historians cast doubt on that claim.

How is the United States involved with Russia?

One of the most crucial, vital, and important international relationships in the world is that between the United States and Russia. Interests in space exploration, counterterrorism, nonproliferation, and nuclear safety and security are shared by the two countries. Washington, D.C., Russian Embassy

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Which of the items listed below is not one of the principles that where highly revered in Ancient Greek culture

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In ancient Greek culture, the concept of aristocracy was not one of the tenets that was held in the highest regard.

What precisely is the aristocracy?

Aristocracy is a form of government in which power is held by a small elite class, typically the upper class, who rule by virtue of their noble birth.

In most cases, the upper class is considered to be part of the elite class. This phrase comes from the Greek word aristokratia, which literally translates to "rule of the best."

In actuality, it frequently takes the form of a hereditary government, with the wealth, power, and influence all being passed down from generation to generation.

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The neolitic Era is marked by the beginning of what practice

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Answer: When some people stopped being nomadic.

Explanation: The Neolithic Revolution, or the Agricultural Revolution, was the wide-scale transition of many human cultures during the Neolithic period from a lifestyle of hunting and gathering to one of agriculture and settlement, making an increasingly large population possible

which state was the main destination of american indians forced to relocate as part of the trail of tears?

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The Cherokee Nation was relocated to land designated for American Indians in what is now the state of Oklahoma from its ancestral homeland in parts of North Carolina, Tennessee, Georgia, and Alabama in this story.

Members of the Cherokee, Choctaw, Chickasaw, Creek, and Seminole tribes were among the 100,000 American Indians who were forcibly relocated from what is now the eastern United States to what was once known as Indian Territory. The Cherokee traveled over a thousand miles by land and water, and many of them perished in the process. Tragically, this lesson's narrative also depicts conflict within the Cherokee Nation as it battled to preserve its heritage in the face of overwhelming odds.

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what was the writing system called in ancient egypt?

Answers

Answer: The Answer is  Hieroglyphs

What is the "cult of domesticity?During the 19th century what types of opportunities did some women have to assume roles in public life?

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Answer:

The "cult of domesticity" was an ideal that emerged in the 19th century in the United States and Western Europe. It emphasised that women's proper place was in the home, where they were responsible for maintaining the domestic sphere and raising children.

Despite the constraints of the cult of domesticity, some women still found ways to assume roles in public life. For example, some women became involved in the abolition and temperance movements, where they advocated for social and political change. Others became involved in education and reform movements, working to improve schools and to help marginalized groups such as the poor and incarcerated.

Explanation:

2. How did Roosevelt build off and add to the Monroe Doctrine? When would the US
become a "police power?"

Answers

Answer:

Read explaination

Explanation:

Roosevelt used the Monroe Doctrine (which wasn't taken seriously in 1823) to add his own "Roosevelt Corollary" to the Monroe Doctrine in 1904, which said the U.S. had the exclusive right to intervene in the affairs of Latin American countries. He used the Monroe Doctrine to also justify the United States becoming a "police power" internationally.

" Though Countless material years, and human sacrifits, within Stalian was able to transform a peasant society in a superpower Do his 5 you agree with this statement ? critically this statement ?critically discuss how stain through of Soviet Union. his 5 years plans changed. the economy of the soviet economy .



Fistly use Use mind map....​

Answers

This tactic, which enabled the workforce to nearly triple and resulted in massive increases to capital goods output, helped Stalin achieve his goal of increasing the number of employees engaged in the sector.

What noble sacrifices have been made in the past?

A simple example would be abandoning your day out of flexitime to a coworker whose needs are greater than yours, even though you have previously scheduled your schedule around that time off from work. I renounce my rights in favor of him and her. "Sacrifice" refers to giving up a private benefit or interest in service of another person's or a group's.

What is the purpose of sacrifice?

The sacrifice revolves around time. When someone gives up something now in order to get something later,

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We are all bound up together in one great bundle of humanity, and society cannot trample on the weakest and feeblest of its members without receiving the curse in its own soul. You tried that in the case of the negro. You pressed him down for two centuries; and in so doing you crippled the moral strength and paralyzed the spiritual energies of the white men of the country. When the hands of the black were fettered, white men were deprived of the liberty of speech and the freedom of the press. Society cannot afford to neglect the enlightenment of any class of its members.

–“We Are All Bound Up Together,”
Frances Ellen Watkins Harper

Harper’s use of the word "trample” helps convince her audience that

only Black people face racism.
some people should have less privilege than others.
only strong people can survive in a society.
members of a community should not oppress one another.

Answers

Answer:

D. Members of a community should not oppress one another

Explanation:

I say, then, that justice is not fulfilled so long as woman is unequal before the law. We are all bound up together in one great bundle of humanity, and society cannot trample on the weakest and feeblest of its members without receiving the curse in its own soul

in roman times, charging any interest at all was called

Answers

Answer:

Usury

Explanation:

Which innovation replaced most hand-made cottage industries with factory assembly lines?

Question 9 options:

cotton gin


steamboat


interchangeable parts


telegraph

Answers

Answer: cotton gin I think

Explanation:The textile industry was greatly impacted by a number of new inventions such as the flying shuttle, the spinning frame and the cotton gin. But it was the invention of the Spinning Jennyby James Hargreaves that is credited with moving the textile industry from homes to factories.

discuss the chinese exclusion act of 1882 and the experience of many chinese immigrants to america. why did this group of immigrants experience even more severe abuse than european immigrant groups on the east coast?

Answers

Chinese Exclusion Act of 1882 was the first law in the country to ban immigration on the basis of race or nationality.

What was Chinese exclusion act of 1882?The Chinese Exclusion Act of 1882 was the first significant law restricting immigration to the United States on the basis of race or nationality. In spring of 1882, Chinese Exclusion Act passed and signed by Congress and President Chester A. Arthur respectively.This law completely banned immigration of Chinese laborers to U. S. for decade and was updated and remained in force until 1943, prohibiting Chinese immigration as well as prohibiting Chinese from becoming citizens.What was the experience of many Chinese immigrants to America?

Many West Coast Americans blame Chinese workers for falling wages and economic hardship. The Chinese made up only 0.002% of the country's population, yet Congress encouraged Chinese to ease labor demands and concerns about maintaining "racial purity" among whites.

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How did the US change the government of Japan after World War II?
It allowed the emperor to gain more power.
It put Japan’s military in charge.
It barred former soldiers from voting.
It created a democratic government.

Answers

US change the government of Japan after World War II by created a democratic government.

After World War II, the United states played a major role in transforming Japan's government. It imposed a series of constitutional, economic, and political reforms intended to make Japan a liberal democracy. This included revising the Japanese constitution and the introduction of a freely elected parliament.

In addition, the United states helped to establish a free-market system, abolishing the large industrial conglomerates that had previously dominated Japan's economy.

It also encouraged a more open society by introducing civil rights protections and encouraging the formation of labor unions. These reforms drew heavily on American models, and over time, Japan's political system began to resemble that of Unites States.

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