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
精选英语美文阅读:假如生活欺骗了你
浪漫英文情书精选:To Prince Perfect献给心中的王子
浪漫英文情书精选:To Be Close To You Again再次靠近你
英语美文:A Psalm of Life 人生礼颂
伤感美文:人生若只如初见
精选英语美文阅读:在你的镜头前,我总是很美
精美散文:抬起头来 希望就在眼前
精美散文:守护自己的天使
双语散文: Optimism and Pessimistic
精选英语美文阅读:A Friend's Prayer 朋友的祈祷
浪漫英文情书精选:Need You With Me需要你爱我
精选英语散文欣赏:月亮和井
精选英语美文阅读:一封未发出的英文情书《但是你没有》
精选英语散文欣赏:爱的限度就是无限度地去爱
精选英语美文阅读:爱他就把他留下来 (双语)
精选英语美文阅读:你见或者不见我(中英对照)
精美散文:27岁的人生
精美散文:我就是我
啊,我讨厌英语 Gullia Oops Jaime Pas Langlais 这首歌是不是也唱出你的心声了
美文:爱的奇迹
如果生命可以重来(双语)
浪漫英文情书精选:Good Morning早上好
浪漫英文情书精选:I'll Be Waiting我会等你
浪漫英文情书精选:Starting Over Again重新来过
浪漫英文情书精选:Is It Love?这是爱么?
浪漫英文情书精选:The Best Surprise最好的惊喜
双语美文欣赏:孤独人生
精选英文情诗:请允许我成为你的夏季
精选英语散文欣赏:微笑挽救生命
精选英语美文阅读:朋友的祈祷
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |