Explanation: 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.
It is the largest text on the map, which makes me question if it is in fact the correct answer, but the Balkan Peninsula is the large geographical feature where the country of Greece is located.