Macroeconomics

Since all economies are faced with scarcity, how might nations attempt to minimize the human hardship associated with scarcity?

By setting up some system that transfers resources from the haves to the havenots. E.g., issue food stamps, build low-income housing, provide, provide public health care, etc. These programs are generally funded by income/wealth taxes. However, sometimes such programs are funded by private charities.

  1. 👍 0
  2. 👎 0
  3. 👁 183

Respond to this Question

First Name

Your Response

Similar Questions

  1. World History

    What legacy was established after the Holocaust for nations to deal with genocide? 1.The Nuremberg Trials provided a plan for countries to conduct international courts in a postwar world. 2. The Potsdam Conference established war

    asked by Jean on February 13, 2019
  2. World History

    How did the Industrial Revolution introduce justifications for imperialism? (Select all that apply.) Industrialized nations sought to bring technological knowledge to Africa and Asia. Industrialized nations sought colonies to

    asked by Help on March 19, 2019
  3. World History

    How did alliances between nations serve to escalate World War I? Nations that were on good terms with a nation at war were automatically considered enemies. Nations that shared a common culture were expected to fight on behalf of

    asked by Lily on February 25, 2020
  4. HISTORY

    What was the Bay of Pigs invasion? an attempt by the United Nations to drop food supplies into Cuba to aid counter-revolutionaries the use of guerilla insurgents to capture and assassinate Cuban leader Che Guevara a failed attempt

    asked by Anonymous on August 15, 2018
  5. World History

    What was a motivation for imperial nations to expand their territory? A)Imperial nations needed to build up their populations to increase national security. B)Imperial nations needed more resources to supply their factories with

    asked by Me. on January 13, 2020
  1. World Geography

    Which statements describe the European Union (EU)? 1) Citizens of EU nations can live, work, or study in any member nation. 2) Passports must be presented by citizens when traveling between EU nations. 3) Tariffs between member

    asked by kadi on February 21, 2011
  2. Geography/History

    How do command economies and market economies affect a worker's life?

    asked by Cassie on October 14, 2010
  3. World Geography

    please Write a short essay comparing the ways in which command economies and market economies affect a worker's life? or if you want exp it a little better to me.

    asked by nick on February 15, 2010
  4. Economics

    Which phrase best defines scarcity? A. a state in which productive resources are not enough to create a given good or service B. a state in which human wants are greater than the resources available to fill those wants C. a state

    asked by Arci on January 30, 2020
  5. Social Studies

    1. Which statement best describes nations? A. must follow the laws set by the United Nations. B. Nations have less political power than do regional organizations. C. Nations interact almost exclusively with other nations in their

    asked by Mark on August 31, 2017
  6. history SUE HELP MEEEE

    In The Wealth of Nations, Adam Smith mentions that very good grapes could be grown in Scotland. However, growing high quality grapes in Scotland would be about 30 times as expensive as purchasing grapes from foreign countries.

    asked by SUUUE and REED HELP ME on February 28, 2016

You can view more similar questions or ask a new question.