A Fundamental Aspect of Economics Is to

question 226

Multiple Choice

A fundamental aspect of economics is to

• A) ensure that every firm makes a profit.
• B) analyze how choices are made.
• C) satisfy all our wants.
• D) make sure that we always have sufficient resources.

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Definitions:

Foraging

The act of searching for and exploiting food resources by animals, including hunting, fishing, and gathering plant materials.

Pastoralism

The breeding and managing of migratory herds of domesticated grazing animals, such as goats, sheep, cattle, llamas, and camels.

Subsistence

The action or fact of maintaining or supporting oneself, especially at a minimal level.

Ju/'hoansi

A group of indigenous people living in the Kalahari Desert of southern Africa, known for their hunter-gatherer lifestyle.