Scarcity refers to the condition of insufficiency where the human beings are incapable to full fill their wants in sufficient manner. In other words, it is a situation of fewer resources in comparison to unlimited human wants. Human wants are unlimited. we may satisfy some of our wants but soon new wants arise. It is impossible to produce goods and services so as to satisfy all wants of people. Thus scarcity explains the relationship between limited resources and unlimited wants and the problem there in.
As sad as it is people tend to go for their wants more than their needs. Sometimes we must go without what we need until it is available again if it is scarce
capitalist who made his fortune in oil and founded the nation's first trust in the form of the Standard Oil Company. business started by John D. Rockefeller that was the United States' first trust.
"<span>Plants and small animals might suffer, and some might die" would be the best option, since the poor air quality would most likely affect certain plants and not others--some of which would be used for food by small animals. </span>
