Relate the term scarcity to the action(s) it causes.
A) Scarcity causes developed nations to have more material goods than developing nations.
B) Scarcity causes fewer technological advances.
C) Scarcity forces people to want more material goods.
D) Scarcity forces everyone to make choices.

Question

Quizplus · Accepted Answer

Scarcity forces everyone to make choices because resources are limited, and people must decide how to allocate them. This means that individuals, businesses, and governments must decide which goods and services to produce and consume, and how much of each to produce or consume. Without scarcity, there would be no need for choices to be made, since all goods and services could be produced and consumed indiscriminately.

Relate the Term Scarcity to the Action(s) It Causes