Question

Explain how this quote is an example of scarcity. What costs are the president

referring to?" Every gun that is made, every warship launched, every rocket fired
signifies in a sense, a theft, from those who hunger and are not fed, those who
are cold and are not clothed. This world in arms is not spending money alone. It is
spending the sweat of its laborers, the genius of its scientist, the hopes of its
children". -President Dwight D. Eisenhower

Answer 1

this is an example of scarcity because it exemplifies the fact that there are not enough resources, and not enough money to go around. the president chooses to spend money on warships and rockets instead of the wellbeing of americans. the americans in question are also the ones working to help build these rockets and warships.

Step-by-step explanation: