We realize that there are limits to what we can afford to buy because we have limited amounts of money. What we often don't realize is that the amount of resources available in Australia and the world to satisfy our wants is also limited. We are forced to make choices about how we satisfy our wants. Because we can't have everything, we must choose what we will have and how much we will have. The …
showed first 75 words of 409 total

showed last 75 words of 409 total
…we use these resources. For example, we can't just remove loads of sand from the beach or dump rubbish into the ocean. Our vehicles must have devices to reduce air pollution from exhaust gases. Our whole society is affected by these questions of who can use and own resources, and the choices that we must make about resources. Our economy attempts to answer such questions. Resources: 'My teacher's notes which were given it to me'