16. synthesize the graph below shows a production
possibilities curve for shoes and watermelons. explain
how the curve shows the principles of choice, scarcity.
and opportunity costs.

Which of the following is an example of a government’s laissez-faire approach to business and the economy?

The french and the dutch establish colonies in north america to, a. establish sugar plantations. b. spread catholicism to the native americans. c. extract gold and silver from the aztec empire. d. trade with native americans for furs.

What happened when spain’s government could not overcome social and economic problems during the great depression? citizen groups revolted against the government. the head of the government gave his resignation. a new leader seized control from the military rulers. the army led a rebellion against the government.