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
KEY: A C A C C D C D C B C C B B D
六年级英语毕业复习专项练习(句型转换)
六年级英语作文
小学五年级英语作文:the big day
小学五年级英语作文:My Routine
六年级英语下册期中测试
小学五年级英语作文:四季 Four Seasons
小学五年级英语作文:My Days of the week
关于防火的英语作文 六年级英语作文
小学五年级英语作文:暑假计划
小学五年级英语作文:My Favourite Food
小学五年级英语作文:关于我(About me)
小学五年级英语作文:Obey the Traffic Rules
小学五年级英语作文:关于环保的英语作文
小学五年级英语作文:I can help do housework
小学五年级英语作文:关于春天的英语作文
小学六年级英语毕业复习专项练习(一般现在时和现在进行时)
小学五年级英语作文:My Birthday Party
六年级英语作文 My teachers and I
小学五年级英语作文:Crow drink water
小学五年级英语作文:I Like Basketball
小学五年级英语作文:我最喜欢的动物
小学五年级英语作文:我的假期
小学五年级英语作文:In The Kitchen
小学五年级英语作文:The litte green man
小学五年级英语作文:A Field Trip
小学五年级英语作文:丰富多彩的周末
小学五年级英语作文:My Village
小学六年级英语毕业复习专项练习(改错)
六年级英语毕业复习专项练习(翻译句子)
六年级英语作文 The National Day holiday
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |