What is a common example of a trade-off in resource allocation in economics?

A common example of a trade-off in resource allocation in economics is the decision between spending money on education or healthcare. When a government has a limited budget, it must choose how to allocate its resources to benefit its citizens. If more money is directed toward improving schools and educational programs, there may be less available for hospitals and medical services, and vice versa. For instance, if a city decides to build a new school, it might have to cut funding for local clinics, which could affect people's access to healthcare. This shows how making one choice can mean sacrificing another, highlighting the importance of careful decision-making in economics.