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
2016年高考英语配套词汇检测训练:模块一《Unit 1 》(学生版) 牛津译林版
2016年高考英语配套词汇检测训练:模块一《Unit 2 Growing pains》(教师版) 牛津译林版
2016高考英语二轮精编:写作专题 第三部分 范文及针对训练 议论文(精品教案)
2016高考英语二轮精编:写作专题 第三部分 范文及针对训练 记叙文(精品教案)
2016年陕西省高考英语二轮复习题型技法指导专题一:语音知识
2016年高考英语配套词汇检测训练:模块一《Unit 2 Growing pains》(学生版) 牛津译林版
2016年山东省高考英语二轮复习:题型技法指导专题四 阅读表达
2016高考英语二轮精编:写作专题 第二部分 经典名句句式汇总 逻辑问题分析论证句式(精品教案)
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 文明礼仪话题(精品教案)
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 志愿者话题(精品教案)
高考英语二轮精品考点分类解析:考点9 非谓语动词
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 环境资源话题(精品教案)
高考英语二轮精品考点分类解析:考点5 形容词和副词
2016年陕西省高考英语二轮复习专题训练卷二十二:书面表达(一)
高考英语二轮精品考点分类解析:考点10 定语从句
2016年陕西省高考英语二轮复习题型技法指导专题三:单项填空
2016高考英语二轮精编:写作专题 第二部分 经典名句句式汇总 是非问题分析论证句式(精品教案)
高考英语二轮精品考点分类解析:考点14 交际用语
2016年陕西省高考英语二轮复习专题训练卷二十:单词拼写
2016年陕西省高考英语二轮复习题型技法指导专题七:单词拼写
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 健康幸福话题(精品教案)
2016高考英语二轮精编:写作专题 第一部分 万能句子 常用词组及句型(精品教案)
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 教育校园话题(精品教案)
2016高考英语二轮精编:写作专题 第三部分 范文及针对训练 应用文 日记(精品教案)
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 诚实诚信话题(精品教案)
2016年高考英语配套词汇检测训练:模块一《Unit 3 Looking good, feeling good》(教师版) 牛津译林版
高考英语二轮精品考点分类解析:考点8 动词的时态和语态
2016高考英语二轮精编:写作专题 第三部分 范文及针对训练 说明文(精品教案)
2016年陕西省高考英语二轮复习专题训练卷二十三:书面表达(二)
2016高考英语二轮精编:写作专题 第四部分 预测2016高考英语作文话题 网络话题(精品教案)
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |