The National Defense Education Act, which for the first time offered direct federal funding for higher education, was passed into law by Congress in 1957 in response to:

Answer

This was in response to the Soviet launch of satelite into space

Explanation:

Befor the 1957, there was nothing like National Defence Education Act as a result of the fact that the United States gevernment didn't see any need for it. Though there was a space war between the Soviet Union and the United State on who would be the first country to send a satelite into space, this did not warrant for special funding of the educational sector.

After the successful launching of the satelite to space by the Soviet and the obtaining of the first image, the prompted the Congress to pass a special law known as the National Defence Education Act with the sole aim of boosting funding for public and private universities towards their research, providing students with low cost student loan towards their academic pursuit.

On the long run, this paid off as the United States was able to launch thier own satelites into space later and with other scientific breakthrough that was achieved as a result of increased funding.

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

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