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
英语美文故事
心灵鸡汤:机会如空气 请善待机会
英语短篇美文欣赏:黄昏之美(带翻译)
英文短篇小说欣赏- 让昨日随风
英语阅读:A Hand to Hold
英语美文欣赏:片刻的欢乐
双语散文:像他那样的兄弟
爱是一根线
诗歌:记如果你忘了我
双语散文:哥哥的心愿
双语散文:我崇拜的心上人
心灵鸡汤:成长的树根
The Blessed Dress
英语美文欣赏:To Any Service Member
2012年情人节英文诗歌集锦
精美英文欣赏:失败的意义
双语散文:Owen: Beyond my dreams
真假朋友测试:你身边有几个这样的好朋友?
英语阅读:The Essence of Charm
英文诗歌欣赏:飞鸟集(3)
英语美文欣赏:百万英镑(中文)
精美英文欣赏:学会生活在现实中
英语美文 永远的朋友
双语散文:大学第一课
双语散文:I like the subtle... 我喜欢这种淡淡的感觉
双语散文:减轻精神压力的三种有效方法
英文短篇小说欣赏- 灌木丛中的王子
浪漫英文情书精选:My Wonderful & Loving Girl我可爱的女孩
英语美文欣赏:通往幸福的阶梯
英语美文欣赏:茶马古道
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |