menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
What does the term scarcity mean as it relates to economics?
asked
Nov 11, 2021
144k
views
0
votes
What does the term scarcity mean as it relates to economics?
Social Studies
college
Tim Roberts
asked
by
Tim Roberts
7.3k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
6
votes
Scarcity means that there are not enough resources to satisfy the wants and desires of people. That is the basic economic problem:
Scarce resources and limitless wants
Alan Jenshen
answered
Nov 16, 2021
by
Alan Jenshen
6.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
8.0m
questions
10.7m
answers
Other Questions
Why did people immigrate to the United States in the late 1800s?
In the peaceful period of the Middle Kingdom, what area of culture thrived?
Why did the slogan Peace Land and Bread appeal to the Russian people?
Why wasn't New England's land well-suited for farming
Which city was located nearest the nile river delta
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org