Asked by Taylor Casbon on Jul 04, 2024
Verified
In our economy
A) there is no need to economize.
B) we rarely have to economize.
C) only the rich have to.
D) nearly everyone has to economize.
Economize
To reduce expenses or to use resources carefully and efficiently to reduce waste and save money.
- Describe the principle of economizing and its necessity.
Verified Answer
IM
Irvan MeyersJul 11, 2024
Final Answer :
D
Explanation :
Economizing is the act of making choices and decisions about how we use our limited resources to best satisfy our wants and needs. Since resources are always limited and we have unlimited wants and needs, nearly everyone has to economize to some extent in order to make the most of the resources they have available. Therefore, the best choice is D – nearly everyone has to economize.
Learning Objectives
- Describe the principle of economizing and its necessity.