In Every Economic System, Choices Must Be Made Because Resources

question 215

Multiple Choice

In every economic system, choices must be made because resources are ________ and our wants are ________.

• A) unlimited; limited
• B) limited; unlimited
• C) unlimited; unlimited
• D) limited; limited

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Definitions:

Traditional Media

Forms of mass communication such as newspapers, television, and radio that have existed prior to the advent of digital media.

Nontraditional Media

Media platforms or formats that deviate from conventional or mainstream methods of broadcasting, publishing, or advertising.

Agenda Setting

Agenda Setting refers to the ability of the media to influence the importance placed on the topics of the public agenda. Through its selection of coverage, the media can shape what people consider to be important issues.

Regional Newspaper

A newspaper that focuses on covering news, events, and topics relevant to a specific geographic region or community.