In most societies, resources are allocated by

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Avery

Business

24 April, 01:12

In most societies, resources are allocated by

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Maritza Hardin · Answer 1

In most societies, resources are allocated by the combined action of millions of households and firms.

Resources are very important to setup and build societies. Resources are scare and this is the reason why societies and households faces many decisions. How societies manage scare resources, we study this in economics.