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
【高二英语】语法: 反义疑问句讲解及练习
高二英语语法惯用法:英语可说punish sb to do sth吗
高二英语语法非谓语
高二英语语法其他部分倒装
高二英语语法:不定式
高二英语语法惯用法:英语可说accompany sb to do sth吗
高二英语语法惯用法:英语可说demand sb to do sth吗
高二英语语法大全:promise的用法
高二英语语法大全:倒装句之部分倒装
高二英语语法惯用法:英语可说welcome sb to do sth吗
高二英语语法惯用法:英语可说approve sb to do sth吗
高二英语语法大全:过去分词作宾补
高二英语语法:不定式的用法
高一英语语法惯用法:英语可说someone is possible to do sth吗
高二英语语法惯用法:what还是how
【高二英语】重点短语、句子
高二英语语法大全:常用前缀
高一英语语法惯用法:sb is easy / difficult to do sth吗
高二英语语法几道习题
高二英语语法惯用法:英语可说propose sb to do sth吗
高二英语语法大全:倒装句讲解
【高二英语】语法:构词法讲解
高一英语语法惯用法:英语可说prevent sb to do sth吗
高二英语语法:过去分词做定语表语
高二英语语法大全:过去分词做状语
高二英语语法倒装句之全部倒装
高二英语语法惯用法:英语可说congratulate sb to do sth吗
高二英语语法惯用法:英语可说hope sb to do sth吗
高二英语语法惯用法:不能说look at books吗
高二英语语法惯用法:英语可说refuse sb to do sth吗
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |