mhazelwood5595 mhazelwood5595
  • 21-01-2020
  • Social Studies
contestada

The concept of ________ explains that making one choice means an individual will not have the time, resources, or energy to do something else.

Respuesta :

dvynnjoku dvynnjoku
  • 21-01-2020

Answer:

the answer is SCARCITY.

Explanation:

The concept of scarcity, simply put, means that there are not enough resources available to satisfy everyone's wants.

It refers to the gap between limited resources and limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.

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