harryheinrich4
harryheinrich4 harryheinrich4
  • 26-03-2021
  • Arts
contestada

true or false ? scarcity is the condition of finite resources . explain your answer​

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kittycatfgster
kittycatfgster kittycatfgster
  • 26-03-2021
False. It takes two things for scarcity to exist: finite resources and infitinte wants. ... Scarcity exists only because people's wants are greater than the resources available to satisfy their wants. Scarcity is the condition resulting from infinite wants clashing with finite resources.
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