Briefly explain how the family farm , Weaver, teacher can use their re – InterviewSolution

1.	Briefly explain how the family farm , Weaver, teacher can use their resources tO fulfill their needs in a simple economy
Answer» In an ECONOMY, HUMAN wants are unlimited but, the resources to satisfy them are limited and have alternative uses.. People must MAKE a choice in ORDER to satisfy needs Family farm: make choice between producing rice or wheat Teacher: make choice between teaching in university or SCHOOL or take tuition These people can satisfy their needs in a simple economy by making a choice

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