ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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things that keep us healthy and safe
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something we would like to have
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not having enough of a resource
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None of the above
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Detailed explanation-1: -: because of not having (something) : because (something) does not exist or is not available. For want of a better name, let’s call it “Operation One.” People are dying for want of medical treatment.
Detailed explanation-2: -A want is something unnecessary but desired or items which increase the quality of living. Examples include a car stereo, CD’s, car, and designer clothes.
Detailed explanation-3: -Travel. Entertainment. Designer clothing. Gym memberships. Coffeehouse drinks. 17-Dec-2019
Detailed explanation-4: -Physiological Needs. Food, water, clothing, sleep, and shelter are the bare necessities for anyone’s survival. Safety and Security. Once a person’s basic needs are satisfied, the want for order and predictability sets in. Love and Belonging. Esteem. Self-Actualization.