<span>Leopold was trying to move away from the idea that humankind was a sovereign whom all of nature had been entrusted to for use. This view, that man had dominion over nature, implied that nature was valuable only to the extent that it was found valuable to human beings. This could mean that land would be preserved if human beings found it to be beautiful or useful for recreation, but it also allowed that land could be ruthlessly exploited and resources exhausted if human beings believed doing so to serve their interests.</span>
Scarcity implies that society or the economy lacks sufficient resources to meet all demands.
<h3>Who defines scarcity in economics?</h3>
'Economics,' according to Lionel Robbins, is "the science that studies human behavior as a relationship between ends and scarce means that have alternative uses." Thus, studying 'Economics aids in the allocation of scarce resources. Simply put, money and time are two of the most scarce resources.
Scarcity is a fundamental economic concept. It denotes that the demand for a good or service exceeds the availability of the good or service. As a result, scarcity can limit the options available to consumers, who ultimately comprise the economy.
Scarcity can be caused by a number of different factors, but there are four main ones. Potential scarcity causes include poor resource distribution, personal perspective on resources, rapid increase in demand, and rapid decrease in supply.
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Answer:
The Northern states continued its rapid industrialization to extinguish the rebellion. On the other hand, Southern states had a smaller industrial base with fewer rail lines & an their agricultural economy was based on slave labor. Slave labor was much cheaper than paying someone for the job.
Explanation:
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I think the best way to summarize it is:
1) through a number of purchases:
Louisiana Purchase,
Gadsden Purchase
2)Through Anexation of the Republic of Texas (independent at the time)
3) and through war (The Mexican American-war, which lead to the Mexican Cession)
The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation's total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society