In general,individuals and countries that attempt to be completely self-sufficient tend to
A) grow faster in the long run.
B) have a more equal distribution of income.
C) be assured of ongoing full employment.
D) experience a lower standard of living from the use of their resources.
E) be more productive and technically capable.

Question

Quizplus · Accepted Answer

Generally, countries and individuals that attempt to be completely self-sufficient tend to have a lower standard of living because they are limited to using only their own resources. This can make it difficult and expensive to obtain certain goods and services that may be readily available from other countries or individuals. Therefore, it is often more beneficial to specialize in certain goods and services and then trade with other countries or individuals to obtain the other goods and services needed for a higher standard of living.

In General,individuals and Countries That Attempt to Be Completely Self-Sufficient