Because of scarcity
A) individuals and societies are allowed no choice about which wants and needs to satisfy.
B) individuals and societies must choose which wants and needs to satisfy.
C) all choices about wants and using resources must be made by the government.
D) choices can be made about which wants to satisfy,but not about which resources to use.
E) choices must be made about which resources to use,but not about which wants to satisfy.

Question

Quizplus · Accepted Answer

Scarcity refers to limited resources and unlimited wants, which means we cannot fulfill all our needs and desires with the resources available. Hence, individuals and societies need to choose which wants and needs to satisfy. This involves making trade-offs and prioritizing certain needs over others based on their importance and the availability of resources. Therefore, option B is the correct answer.

Because of Scarcity