7.) What three things were identified as possible opportunity costs for building aircraft carriers? Your answer 3 points

## Step 1<br />The question is asking for the three possible opportunity costs that were identified for building aircraft carriers. Opportunity cost is a term used in economics to express the cost of forgoing the next best alternative when making a decision. In this case, the decision is to build aircraft carriers, and the opportunity cost is what else could have been done with the resources used for this.<br /><br />## Step 2<br />The answer provided is "Land, Housing, and Education". These are the three things that were identified as possible opportunity costs for building aircraft carriers. This means that the resources used to build aircraft carriers could have been used to build land, provide housing, or fund education.