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Umnica [9.8K]
3 years ago
12

Without a_________to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist societies.

Business
1 answer:
musickatia [10]3 years ago
7 0

Without a REGULATION to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist stories.

Explanation:

  • Scarcity in any area, can arise/occur in a place where the resources are not enough due to rapid increase in population.
  • For example, with an entire nation dependent on its primary economy - agriculture - soil, water and land become scarce within less time before any action/rule can be imposed.
  • Demand-supply, structural induced scarcity are the two types that can occur commonly.
  • Here, in a Collectivist society where, a group/culture/community on a whole is taken into account rather an individual alone, scarcity can be observed in wide range.
  • <em>If there is no limit regulated on how much an individual can own or work on, the middle economic and lower economic class will fall into below poverty line.</em> To enhance their livelihood and improve the economy of a nation, a regulation to govern resources is necessary.
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