What economic principles guide the choices that you make?

Different economic principles usually guide the choices that people make. For instance, the tradeoffs, the process of making a decision has to pass through various steps before choosing exactly what you want.

For example, one person goes to purchase a specific item; one has to consider the value price of the thing that is to be bought and that which should be ignored.

This means that it is essential to fulfilling the needs before meeting the undesired. Therefore, the cost is a crucial principle when making an economic decision.

affirmative action refers to the policies that take gender, race, or ethnicity into account in order to promote equal opportunity.

employers subject to title vii are prohibited from taking race or sex into account in any employment decisions. aa is a penalty for having any job group substantially statistically "underutilized" in any race or either sex. the employer must take steps to eliminate the underutilization, then stop, ending its aa efforts

1960: wilma rudolph was the first woman to win three olympic gold medals in track and field at one olympic games. she was an american sprinter from tennessee, she was acclaimed the fastest woman in the world. she was among the most visible black women in america and abroad. she became a role model for black and female athletes. she was also known as a civil rights and women right's pioneer.

1973: billy jean king is an american former number one tennis player. she represented the united states in the federal cup and the wightman cup. for three years she was the usa's captain in the federation cup. she defends gender equality and has been a pioneer for equal and social justice. at the age of 29, she won "the battle of sexes" tennis match against the 55 year old bobby riggs. she was also the founder of women's tennis association and the women's sports foundation.  

1983: tamara mckinney becomes the first american female skier to win the alpine world cup overall championship top. she was the only american to hold that title for a quarter century until 2008.

1992: manon rhéaume, from canada,   becomes the only woman to start in a national hockey league game in an exhibition game for the tampa bay lightning . she played on the canada women's national ice hockey team winning gold medals in 1992 and 1994. and silver medals in 1998. manon marked the first time a woman appeared in a regular season professional game with her first appearance against the salt lake golden eagles.

2013: serena williams won 78 of 82 matches at the age of 31. she is an american professional tennis player. she reached the number 1 ranking for the first time on july, 8, 2002. at the age of 16, she played against karsten braasch the battle of sexes. she was the highest paid female athlete in 2016. she is a unicef ambassador .