subject
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?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.
Answers: 2
question
Business, 22.06.2019 07:30
Why has the free enterprise system been modified to include some government intervention?
Answers: 1
question
Business, 22.06.2019 08:10
The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness
Answers: 1
question
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
You know the right answer?
Although rising living standards in many countries are lifting people out of poverty, there are freq...
Questions
question
Mathematics, 03.09.2021 01:00
question
English, 03.09.2021 01:00
question
Mathematics, 03.09.2021 01:00
Questions on the website: 13722361