TOZZIBLINKZ
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Choice by definition refers to the ability to choose out of a number of varieties you know that it is the ability to pick one factor depending on the context out of a great number of multitude . In the world today choice is important because human wants and needs are numerous and in order to satisfy these minerals want and need with the limited available scarce resources (money) human beings will have to choose .
The subject " economics " which is normally taught in schools and various business colleges has provided what is known as " scale of preference " . A scale of preference is a list ranking the needs and wants of a particular individual ranging from order of relative importance , and so in order to satisfy the listed needs and wants he will have to choose the ones that are more important and dearing . To be able to make the right choices when it come to the allocation of our limited scarce resources , critical thinking must be done so as not to wrongfully and locate the available limited resources to buy or purchase goods and commodity that are not relevant . Finally , the concept of choice , has help people to be economically aware of their environment and know what to expect when it comes to resource allocation .
The subject " economics " which is normally taught in schools and various business colleges has provided what is known as " scale of preference " . A scale of preference is a list ranking the needs and wants of a particular individual ranging from order of relative importance , and so in order to satisfy the listed needs and wants he will have to choose the ones that are more important and dearing . To be able to make the right choices when it come to the allocation of our limited scarce resources , critical thinking must be done so as not to wrongfully and locate the available limited resources to buy or purchase goods and commodity that are not relevant . Finally , the concept of choice , has help people to be economically aware of their environment and know what to expect when it comes to resource allocation .
