Answer:
James Madison believed that factions were not detrimental to Society because first they represented the interests of specific groups of people before society and before the federal government, and second, because if the country has many factions with different interest, these factions will have to negotiate and reach agreements that respect minority rights.
The correct answer is "true". Sorry for the late response
Scarcity determines the economic value of an item by the amount of goods produced.
<h3 /><h3>What is economic scarcity?</h3>
It corresponds to a context where there is a greater demand than supply for a good or service, generating an economic imbalance.
Therefore, in a situation of scarcity, consumers' desires may be limited, leading to higher prices and reduced purchasing power.
Find out more about scarcity here:
brainly.com/question/3081250
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