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
体坛英语资讯:Rio 2016 denies vote bribery claims
3年高考2年模拟1年原创备战2017高考精品系列之英语:专题21 阅读理解——社会生活、文化教育类(原卷版)
国际英语资讯:Latest round of Syria peace talks ends on positive note
全优课堂2017届高考总复习限时规范训练:选修8 unit 2《Cloning》(新人教版含解析)
国内英语资讯: China returns imported ROK food over irregularities
“稳”字当头:回顾近5年政府工作报告对经济社会发展的描述
注意力不集中?原来这是一种大脑的疾病
20几岁最该学也最难学的东西
全优课堂2017届高考总复习限时规范训练:选修8 unit 1《A land of diversity》(新人教版含解析)
全优课堂2017届高考总复习限时规范训练:选修6 unit 5《The power of nature》(新人教版含解析)
2017政府工作报告要点回顾
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:4 涉及数字计算的细节题
国内英语资讯:China to adjust trade growth pattern: commerce minister
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:1 顺藤摸瓜法巧解细节题
2017政府工作报告精彩语句摘录
国内英语资讯: China clears 1,845 cases of suspects in long custody without trial
BBC推荐:3月必读书单
全优课堂2017届高考总复习限时规范训练:选修8 unit 5《Meeting your ancestors》(新人教版含解析)
2017版高考一轮复习课件:必修3 unit7《The sea》(北师大版)
国际英语资讯:U.S. stocks rally amid Trumps speech, rate hike concern
在完全陌生的环境,建立人际关系也没问题!
大自然的美 The Beauty of Nature
全优课堂2017届高考总复习限时规范训练:选修7 unit 1《Living well》(新人教版含解析)
美司法部长塞申斯回避有关俄罗斯插手选举的调查
艾玛•沃特森推掉《爱乐之城》错失奥斯卡?
国际英语资讯:Interview: Expert calls THAAD Trojan horse in S. Korea ahead of presidential election
停止抱怨,快乐生活
如果CEO问出你不知道答案的问题,该如何应对?
【名师小课堂】2017届高三英语新人教版一轮复习阅读写作技能课件:7 如何做是非判断题
国际英语资讯:Kenyan president vows to enhance drought response
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |