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
陕西省2017高考英语一轮复习 《Basketball》课时作业 外研版选修7
陕西省2017高考英语一轮复习 《Great Scientists》课时作业 外研必修4
川普VS特鲁多 美加首脑过招川普完败
陕西省2017高考英语一轮复习 《Music》课时作业 外研版选修6
陕西省2017高考英语一轮复习 《Cloning》课时作业 外研版选修6
陕西省2017高考英语一轮复习 《The Renaissance》课时作业 外研版选修8
陕西省2017高考英语一轮复习 《Which English》课时作业 外研版选修8
陕西省2017高考英语一轮复习 《Small Tal》课时作业 外研版选修6
研究表明单身族喜欢通过手机来评价潜在对象
高考最新英语作文素材:An Interesting Debate作文素材
高考最新英语作文素材:Aboutfriendsandvalueoftime作文素材
高考最新英语作文素材:Abandon作文素材
蚂蚁金服8.8亿美元收购美国汇款服务公司速汇金
陕西省2017高考英语一轮复习 《The World’s Cultural Heritage》课时作业 外研版选修7
陕西省2017高考英语一轮复习 《Unexplained Mysteries of the Natural World》课时作业 外研版必修4
陕西省2017高考英语一轮复习 《A Trip Along the Three Gorges》课时作业 外研版必修4
捉小鸟 Catching the Bird
陕西省2017高考英语一轮复习 《British and American English》课时作业 外研版必修5
高考最新英语作文素材:ADisturbingAge-困扰的年纪作文素材
陕西省2017高考英语一轮复习 《Literature》课时作业 外研版选修7
陕西省2017高考英语一轮复习 《Deep South》课时作业 外研版选修8
山东省菏泽一中高三英语人教版选修6《Unit 3 A healthy life》课件(1)
山东省菏泽一中高二英语人教版选修6《Unit 1 Art》课件(1)
挪威最性感女消防员走红 身材火辣!
陕西省2017高考英语一轮复习 《Traffic Jam》课时作业 外研版必修4
陕西省2017高考英语一轮复习 《The Conquest of the Universe》课时作业 外研版选修8
陕西省2017高考英语一轮复习 《The Great Sports Personality》课时作业 外研版必修5
高考最新英语作文素材:About Yourself作文素材
高考最新英语作文素材:A Busy Day作文素材
山东省菏泽一中高二英语人教版选修6《Unit 1 Art》课件(2)
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |