Which of these states a basic economic question?

Incorrect answer A. What job is the best?
Incorrect answer B. How much should this good cost?
Correct answer C. What goods should be produced?
Incorrect answer D. Why should people learn about economics?

C. What goods should be produced?

explain why it's C

C is the correct answer because it addresses one of the fundamental economic questions which is what goods and services should be produced. Other fundamental economic questions include how should goods and services be produced, for whom should goods and services be produced, and how can we allocate scarce resources efficiently. These questions help in the understanding of how economies work and how various economic systems allocate resources to satisfy the wants and needs of their populations.

no explain why C is the correct answer out all of the other questions

C is the correct answer because it directly asks about a basic economic question, which is the decision regarding what goods should be produced. Economic systems have limited resources and must make choices about what goods to produce. Therefore, the question of what goods to produce is fundamental in understanding economic systems. On the other hand, A, B, and D are not basic economic questions as they do not directly address the production, distribution, and consumption of goods and services.

In this discussion, you will discuss term limits for members of the legislature. Arkansas is one of 15 states that limits the length of time a person can hold office in the state legislature. The United States does not have term limits for members of Congress. People who support term limits say that limits prevent politicians from gathering too much power and influence over years of service, and that new members bring new ideas to the government. Opponents of term limits say that they punish officials for having much-needed experience, and that legislators tend to lose focus on the people they represent and instead set themselves up for a career after they leave office. What do you think? Should Arkansas keep its term limits in place? Should the nation try to set term limits on members of Congress, or should things stay as they are? Explain your reasoning.

Post a detailed response to the discussion prompt. Then comment on at least two other posts. When you respond to your classmates, say whether you agree or disagree with your classmate’s opinion and explain why.

There are valid arguments both for and against term limits for members of the legislature. Supporters of term limits argue that these limits prevent politicians from accumulating too much power and influence over years of service. Term limits also encourage new legislators to come up with new ideas, leading to a more democratic and diverse representation.

On the other hand, opponents of term limits argue that term limits tend to punish officials for having much-needed experience and skill set. Additionally, term limits lead to a situation where legislators lose focus on the people they represent and instead focus on setting themselves up for a career after leaving office.

In my opinion, I believe that having term limits in place is important for preventing politicians from gaining too much power and influence. I believe that new ideas and diverse representation are crucial for a more democratic government, and that term limits can help ensure this. However, I also recognize the concern that term limits can punish officials for their expertise. I think that striking a balance between limiting power and valuing expertise will be key in developing the best legislative system.

Regarding Arkansas, I believe that its term limits should remain in place. It has been functioning with term limits since 1992 and has not faced any significant issues arising from the system. However, whether or not the nation should try to implement term limits on members of Congress remains a point of debate. While the US Congress has not had any term limits so far, it is a possibility that should be discussed. All in all, I believe that having term limits in place is an important factor for building a robust and diverse legislative system.

Comment 1:

I agree with your point regarding the importance of striking a balance between limiting power and valuing expertise. Term limits can help ensure that politicians do not gather too much power over the years, but it is also important not to undervalue the importance of expertise when it comes to governing. I also agree that the state of Arkansas should retain its term limits and that the implementation of term limits for Congress should be discussed.

Comment 2:

I disagree with your opinion about the necessity of term limits. I believe that having term limits in place cause the officials to focus on next stepping stone rather than creating real change as they have limited time to achieve anything which they can boast about in the next election. I also believe that a long-term experience in governing helps officials to ensure continuity of policies, which contributes to better governance. The example of Arkansas with functional term limits is a strong note in your argument, however, it is tough to assume whether it is solely its term limits that contribute to the efficient governance. Similarly, I believe that the United States should not try to implement term limits on members of Congress.