Benito Juárez Was

question 20

Multiple Choice

Benito Juárez was

• A) the caudillo who restored order in Argentina.
• B) the author of the epic poem The Gaucho Martín Fierro.
• C) the first Mexican communist leader.
• D) a Mexican dictator who promoted industrialization.
• E) the leader of La Reforma in Mexico in the 1850s.

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Definitions:

Scarcity

A fundamental economic problem of having seemingly limitless human wants in a world of limited resources, leading to the necessity of making trade-offs.

Marginal Cost

Marginal cost is the cost of producing one more unit of a good or service, which can vary depending on the level of production.

Activity

The engagement in tasks or actions, typically referring to some form of productive work or leisure actions.

Scarce Resources

Resources that are limited in supply and cannot satisfy all human wants and needs.