Scarcity is the fundamental challenge confronting all individuals and nations. We all face limitations... so we all have to make choices. We can't always get what we want. How we deal with these limitations—that is, how we prioritize and allocate our limited income, time, and resources—is the basic economic challenge that has confronted individuals and nations throughout history.
<span>The Virginia Plan preferred representation based upon "population," since such a plan would have greatly benefitted the more populus states such as Virginia. </span>
