68.5k views
3 votes
Economics is all about making choices. the reason we have to choose one thing over another​ is:

User Finlaybob
by
8.0k points

1 Answer

5 votes

I believe the answer is; economic resources are scarce

Because these resources are scarce, most of people would not be able to obtain all the things that they want. This lead to the people making list of priorities that we feel benefited us the most, and we are willing to make sacrifices of other needs in order to obtain these priorities.

User Bazyle
by
8.4k points

No related questions found