Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
True
B
False
Understanding the Answer
Let's break down why this is correct
Answer
The statement is false because resources for research, like money, time, and skilled people, are limited. When we choose to allocate a lot of resources to studying one disease, it often means there are fewer resources available for other diseases. For example, if a government spends a large amount of its health budget on cancer research, it might have less to invest in researching heart disease. This situation illustrates the fundamental economic idea of scarcity, where we must make choices about how to use limited resources effectively. Therefore, when we prioritize one area, it can negatively impact the progress in another area.
Detailed Explanation
Resources like money, time, and people are limited. Other options are incorrect because Some might think that resources are endless.
Key Concepts
Resource Allocation
Trade-offs
Scarcity
Topic
Fundamental Economic Choices
Difficulty
easy level question
Cognitive Level
understand
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