Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
Life chances refer to the extent to which people have positive experiences and can secure the good things in life because they have economic resources
the question is incomplete .please read below to find the missing content
Which of the following terms refers to how people have positive experiences and can secure the good things in life because they have economic resources?
Economics studies scarcity and its effects on the use of resources, the production of goods and services, the growth of output and wealth over time, and many other complex issues important to society.
The standard definition of economics can be described as: A social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. Going further, we can say that economics studies scarcity and choice.
The economy plays a role in our daily lives. The study of economics allows us to understand past, future, and present models and apply them to societies, governments, businesses, and individuals.
Learn more about economics here
https://brainly.com/question/1106682
#SPJ4
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.
