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AssignmentMultiple Select

Applying Economics to World History

Question 1 • NY-Global History and Geography I

What factors affect how people make choices about using limited resources such as water, food, and building materials? Check all that apply.who controls the resourcewho needs the resource the mosthow much of a resource is availablewho creates or acquires the resourcehow difficult it was to acquire the resource

Answer
A
who controls the resource
B
who needs the resource the most
C
how much of a resource is available
D
who creates or acquires the resource
E
how difficult it was to acquire the resource

Explanation

Choices about limited resources can depend on control, need, supply, and how the resource is obtained. For example, people may prioritize those who need water most, adjust use based on how much water is available, and consider who acquired it and how difficult that was. Therefore, all five listed factors apply.

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