Solution-Documents all relate to the enduring issue of

Documents all relate to the enduring issue of scarcity

Reference no: EM133471678

Question

The three documents all relate to the enduring issue of scarcity. Scarcity is the state of not having enough of something. The Earth has different resources in different parts of the world. Some resources are in abondance but can become scarce with an over demand or overuse by finding new ways to use the resource. Scarcity requires people to make decisions on how to use the resource to stratify their basic needs. When resources are scare people can get what they want but trading a resource they might have in abundance for they resource they need. If a resource scare and in high demand it will cost more. Scarcity of a resource can also be cause by greed where once there was enough of the resource, but the action of greed has affected the resource along with the people. Resources in an area can be the source of income and the people that live there depend on it to survive.

Reference no: EM133471678

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Documents all relate to the enduring issue of scarcity

Reference no: EM133471678

Reference no: EM133471678

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