1.6. In the discussion ofBig Idea Five, the chapter says that self-sufficiency is death because most of...

Question:

1.6. In the discussion ofBig Idea Five, the chapter says that "self-sufficiency is death" because most of us would not be able to produce for ourselves the food and shelter that we need to survive. In addition to death, however, one could also say that self-sufficiency i boredom or ignorance. How does specialization and trade help you to avoid boredom and ignorance?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

Question Posted: