Araling Panlipunan 9 Quarter 1 Module 1 [top] 🔥 Instant

Basic requirements for survival (food, water, shelter).

| Scarcity (Kakapusan) | Shortage (Kulang) | | :--- | :--- | | Limited resources vs. unlimited wants. | Temporary. Supply runs out but can be replenished. | | Ex: There is only one Earth. You cannot create more land. | Ex: A popular toy sold out during Christmas but is back in January. | araling panlipunan 9 quarter 1 module 1

Narito ang tatlong pinakaimportanteng depinisyon ayon sa mga kilalang ekonomista: Basic requirements for survival (food, water, shelter)

The term Economics is derived from the Greek words (household) and "Nomos" (management). Therefore, Economics literally means "management of the household." Today, it refers to the management of the resources of a nation, a business, or a family. Basic requirements for survival (food