What Is The Meaning Of Alternative Uses?

How do you use the word alternative?

Alternative sentence examplesHe had to make alternative arrangements.

I guess the alternative was worse.

He had no alternative but to leave.

The back door was too far away for her rubbery legs, and the only alternative was the sink.

An alternative method of going public is to merge with a company that is already public.More items….

Who is the father of economics?

SamuelsonCalled the father of modern economics, Samuelson became the first American to win the Nobel Prize in Economics (1970) for his work to transform the fundamental nature of the discipline.

What is the alternative community?

A section of a society in which people adopt a lifestyle different from the mainstream, perceived as being unconventional, less materialistic, and often more natural.

What means alternative energy?

noun. energy, as solar, wind, or nuclear energy, that can replace or supplement traditional fossil-fuel sources, as coal, oil, and natural gas.

What is the meaning of alternative uses in economics?

alternative use of resorces means simply the diffrent ways in which a resource can be used. Example- the alternative uses of land are- 1.it can be used to grow crops. 2.it can be used to build school.

What is the meaning of alternative?

a choice limited to one of two or more possibilities, as of things, propositions, or courses of action, the selection of which precludes any other possibility: You have the alternative of riding or walking. one of the things, propositions, or courses of action that can be chosen: The alternative to riding is walking.

What is alternative situation?

A situation which allows a mutually exclusive choice between two or more possibilities; a choice between two or more possibilities. Etymology: From alternatif, from alternativus, from the participle stem of alternare. Compare alternate. alternative(Noun) One of several mutually exclusive things which can be chosen.

Do resources have alternative uses?

(iv)Alternative uses: Not only resources are scarce, they have alternative uses. For example, coal can be used as a fuel for the production of industrial goods, it can be used for running trains, it can also be used for domestic cooking purposes and for so many purposes.

Who is the mother of economics?

Amartya Sen has been called the Mother Teresa of Economics for his work on famine, human development, welfare economics, the underlying mechanisms of poverty, gender inequality, and political liberalism. 2.

Who is called economist?

An economist is a practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy.

What happen if resources do not have alternative uses?

If resources do not have alternate uses then it will be consumed faster. There will be scarcity of resources.In future, people will not be able to use resources.

Why do resources have alternative uses?

Resources in the economy are scarce and if these resources have alternative uses, and demand exists for all the commodities that will be produced. The producer will then face the problem of choice between the utilization of various resources for the production of the different commodities demanded in the market.

What does it mean if a person is alternative?

An alternative lifestyle is a lifestyle perceived to be outside the cultural norm. The phrase may be used by someone to describe their own lifestyle, or someone else’s.

What is alternative example?

An alternative is defined as an option. Corn as a side dish to an entree is an example of an alternative. … Alternative is defined as something that does not conform to existing or mainstream standards. Acupuncture is an example of an alternative medical treatment.

What is a simp?

simp (plural simps) (slang) A simple person lacking common sense; a fool or simpleton. (slang, by extension) Someone who is not worthy of respect.

Who is called Father of Indian economics?

Nagpur University (LL.M.) Pamulaparthi Venkata Narasimha Rao (28 June 1921 – 23 December 2004) was an Indian lawyer and politician who served as the 9th Prime Minister of India from 1991 to 1996.

What are the uses of alternative?

“the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses” (Robbins, 1935, p. 16).

What is meaning of alternative days?

If something happens on alternate days, it happens on one day, then happens on every second day after that. In the same way, something can happen in alternate weeks, years, or other periods of time.