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.
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Answer:Onboarding program
Explanation:Onboarding which is also referred to as an organizational socialization, refers to a prpgram which is used to get new employees on board by helping them acquire the vital and needed knowledge ,skills and behavior which is crucial for the company's success. This also help the new employees become effective as part of the company
It consists of four phases which are initial development , continuous or ongoing development , retention and separation
These demographics fall under structural <span>influential factors. </span>
The people in ancient China believed that the spirits ruled the daily life of people. They also believed that good spirits help with rainfall, crop growth etc. while bad spirits made it unsafe to walk at night and brought bad luck.
