Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically 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.
Scarcity dictates that economic decisions must be made regularly in order to manage the availability of resources to meet human needs. Some examples of scarcity include: The gasoline shortage in the 1970's. Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity.
Scarcity is simply the concept that human wants (not human needs) exceed the resources available that are necessary to produce the goods used to satisfy those wants. Since economics is the study of how people make choices, without scarcity there would exist no choice and, hence, no economics.
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Answer:
According to the pluralist theory of government, government policy is formed as a result of the competition between groups with different goals and interests.
Explanation:
Political pluralism is an ideological principle that considers the division of society into different social groups with different ideas and interests as a strength and not as a weakness.
Unlike elitist theory, pluralism recognizes the participation of several groups that are not necessarily part of the elite. The parties that compete in pluralism are characterized by ideological and social heterogeneity, regardless of the economic resources they possess. It is also opposed to populism for the same reason that opposes elitism: because both defend a dualistic view of society.
Answer:
E) A student is exposed to new ideas in his courses, and rethinks his original attitudes.
Explanation:
Social influence: In psychology, the term social influence is defined as the change in an individual's behavior that causes the change in another person's behavior either unintentionally or intentionally as a consequence in which the person who's behavior is being influenced considered himself or herself in relationship with that of the influencer or society.
Areas of social influence:
1. Conformity.
2. Obedience.
3. Compliance.