Learning Path
Question & AnswerChoose the Best Answer
The country is implementing resource shifts to prioritize essential needs during a crisis.
The shift indicates a failure of the previous economic policies that overvalued non-essential industries.
This situation reflects the concept of opportunity cost, as resources are not being used in their most efficient capacity.
The decision demonstrates a lack of planning, as resources should always be allocated to their highest value regardless of context.
Understanding the Answer
Let's break down why this is correct
Answer
Detailed Explanation
Key Concepts
Resource Shifts in History
medium level question
understand
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.