If every individual were required to be self-sufficient:
A)living standards would fall.
B)living standards for some individuals would fall,but for others they would rise.
C)living standards would rise.
D)it's impossible to say how living standards would change.

Question

Quizplus · Accepted Answer

Being self-sufficient means being responsible for all basic needs like food, shelter, and clothing. This would make it difficult for individuals to specialize in a particular skill or trade, resulting in lower efficiency and productivity. The cost of production would increase, leading to higher prices for goods and services. Therefore, it is reasonable to assume that living standards would fall.

If Every Individual Were Required to Be Self-Sufficient