Scarcity is what forces you to make trade-offs. Suppose you have an economy that produces and consumes 2 products, A and B. In a world without scarcity, you have enough resources (land, machinery, raw materials, manpower) to produce as many of each product as you need/want. However, in a world with scarcity, you have a limited amount of production resources. You can produce, let's say, 10 A products or 10 B products, or a combination of both products with less than 10 products each. For every additional A product you produce (up to the max of 10), you have to produce less B products. This is a trade-off.
Sharecropping gave white landowners the upper hand and economic dominance in Southern society.
Answer: Option D
<u>Explanation:</u>
Share cropping is a form of agriculture in which the owner of the land gives his land to the tenants where they can grow the crops and earn their livelihood. So this system of agriculture gave an upper hand to the land owners who belonged to the people of the white community and gave them an economic dominance also. It suppressed the lower sections of the society who were the tenants and who were dependent on the land owners for borrowing the land.