The Economics Perspective

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<div style&equals;"text-align&colon; justify&semi;">The economics view the things with different perspective&comma; every human being in the world want to blessed with the resources present in the World but unfortunately this is not possible due to the scarcity of resources&period; The scarcity of resources in terms of limited agriculture production&comma; services&comma; human resource equipment&comma; budget&comma; and time&period; There is no free lunch if you want to have free lunch it must cost you something or it may have impact on the society&period;<&sol;p>&NewLine;<p>To deal with the scarcity of resources human being have to make the choices among the available opportunities&period; In economics choices is represented by a term &OpenCurlyDoubleQuote;Opportunity cost” means to get something you have to sacrifice another thing&period; For Example&comma; A person giving time to study sacrificing activities such as watching TV&comma; playing with friends&comma; spending time with family member&period;<&sol;p>&NewLine;<p>It is true that lands contains unlimited natural resources in the form of Gas&comma; oil&comma; coal and etc but it also need man power&comma; equipment and other skills to discover available resources&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;