The Central Problem of Economics
The central problem of economics is to satisfy the peoples and nations wants.
The problem we are faced with is that our resources, here identified as money, are __1__. The only way we can resolve our problem is to make choices. After looking at our resources, we must examine our list of __2__ and identify the things we need immediately, those we can postpone, and __3__ we cannot afford. As individuals, we face the central problem involved in economics-deciding just how to allocate our limited our limited resources to provide __4__ with the greatest satisfaction of our wants.
Nations face the same problem. As a countrys population ___5__, the need for more goods and services grows correspondingly. Resources necessary to production may increase, but there __6__ are enough resources to satisfy the total desires of a nation. Whether the budget meeting is taking place in the family living room, in the conference room of the corporation __7__ of directors, or in the chamber of the House of Representatives in Washington, the basic problem still exists. We need to find __8__ of allocating limited resources in order to satisfy unlimited wants.
A short time ago economists divided goods into two categories, free and economic. The former, like air and water, were in __9__ abundance that economists had no concern for them. After all, economics is the __10__ of scarcity and what to do about it. Today many of these free goods are __11__ very expensive to use. Pollution has made clean air and water expensive for producers extra costs, and __12__ taxpayers who pay for the governments involvement in cleaning the environment.
In the 1990s, almost all goods are __13__. Only by effort and money __14__ obtained in the form people wish.
Meeting needs of people and the demands from resource available __15__ the basic activity of production. In trying to meet unlimited wants from limited economic goods, production leads to new problems in economics.EXERCISE:
1. A) limited B) unlimited C) scarcity D) abundant
2. A) want B) problem C) wants D) resources
3. A) those B) some C) others D) many
4. A) them B) themselves C) ourselves D) ours
5. A) expand B) extends C) grows D) increase
6. A) always B) sometimes C) often D) never
7. A) management B) function C) board D) group
8. A) people B) economists C ) way D) methods
9. A) so B) great C) such D) such an
10. A) form B) study C) means D) source
11. A) practically B) in practice C)in reality D) practicably
12. A) the B) / C) for D) with
13. A) plentiful B) scarce C) abundant D) in full supply
14. A) they can be B) can they be C) they must be D) must they be
15. A) are led to B) leads C) lead to D) leads to
答案:
A C A C C D C D C B C C B B D
陕旅版英语五上《Lesson 10 I want to watch Channel》课件3
陕旅版小学英语四年级上册全册导学案2
陕旅版小学英语三年级上册全册教案
陕旅版英语五上《Lesson 12 I can play the guita》课件1
陕旅版小学英语六上《Lesson22 I like winter》PPT课件
陕旅版英语五上《Lesson 13 I m going to Hainan》教案
2016秋陕旅版小学英语六年级上册Unit 1《It’s time to play the violin》PPT课件1
陕旅版英语五上《Lesson 11 Join the football club》课件3
陕旅版英语五上《Lesson 11 Join the football club》课件1
陕旅版小学英语六上《Lesson27 Christmas Gifts》PPT课件
2016秋陕旅版小学英语六年级上册Unit 1《It’s time to play the violin》PPT课件4
陕旅版小学英语六上《Lesson29 The Christmas Story》PPT课件
陕旅版小学英语四年级上册全册教案
陕旅版小学英语六上《Lesson26 Christmas cards》PPT课件
陕旅版小学英语六上《Lesson31 Are You Ready for a Quiz》PPT课件
2016秋陕旅版小学英语六年级上册Unit 1《It’s time to play the violin》PPT课件2
陕旅版英语三上《Unit 1 Hello》练习题
2016秋陕旅版小学英语六年级上册Unit 2《I’m healthy》PPT课件1
陕旅版小学英语三年级上册全册导学案
陕旅版小学英语四年级上册期中测试卷
陕旅版小学英语六上《Lesson30 It’s Christmas morning》PPT课件
陕旅版小学英语六年级上册导学案
2016秋陕旅版小学英语五年级上册Unit 8《Where are you from》PPT课件1
陕旅版英语三上《Unit 2 How Are You》课件2
陕旅版小学英语六上《Lesson20 Winter Fun》PPT课件
陕旅版小学英语六上《Lesson28 Oh,Christmas tree》PPT课件
陕旅版小学英语六上《Lesson24 Christmas tree!》PPT课件
陕旅版英语三上《Unit 1 Hello》课件1
2016秋陕旅版小学英语六年级上册Unit 1《It’s time to play the violin》PPT课件3
2016秋陕旅版小学英语五年级上册Unit 7《She looks tall and thin》PPT课件2