In one or two sentences, explain why scarcity exists

History

2 answers:

Anton [14]3 years ago

7 0

Scarcity exists because our wants and needs are greater than the resources <span>available to satisfy them

</span>

drek231 [11]3 years ago

5 0

Scarcity refers to the lack of enough resources, in other words, the lack of capital due to the fact that the human beings have unlimited needs and wants but there are only a finite amount of resources to meet them, and when a country is dealing with economic issues, scarcity is one of the consequences.

Scarcity exists as a result of the effects of nature including drought, storms, pest infestation, fire, floods and the like. Real scarcity can also exist by over use of non-renewable resources.

You might be interested in

What do the Fourth, Fifth, Sixth, Seventh, and Eighth Amendments guarantee for citizens?

stiks02 [169]

The Fourth, Fifth, Sixth, Seventh, and Eighth Amendments guarantee a fair trial for citizens

Answer: Option D

<u>Explanation:</u>

U.S. constitution has essentially embodied certain aspects of fair trial by adopting the 4th, 5th, 6th, 7th and 8th Amendment to the Constitution. 4th Amendment ensures that no person shall be searched in person or his property without a warrant issues by concerned authority. 5th Amendment gives a person right to stay silent and refrain from stating anything incriminating.

6th& 7th Amendment ensures public trial which must be conducted by an impartial jury in speedy manner and also bestows the right to have the assistance of lawyer for defence whereas 8th Amendment safeguards the accused from excessive bail amount or fines.

8 0

3 years ago

Why are special sessions of Congress rarely called?

denis23 [38]

My answer is C. Congress is required to meet at least once every year.

I hope I helped!

3 0

3 years ago

Which were examples of the counterculture in America in the 1960s?

frutty [35]

Answer: A and C

Explanation:

6 0

3 years ago

How did many americans view president wilson’s goal of establishing an international peacekeeping organization after world war i

sukhopar [10]

Answer:

They opposed it because isolationist sentiment was growing, and many people feared American involvement in another war.

Explanation:

The people did not want another World War and one was already enough. Sadly enough there was World War 2 in Franklin Delano Roosevelts term.

5 0

3 years ago

What was the role of the church in everyday life during the middle ages?

ivann1987 [24]

The middle ages were a period in Europe dating from the collapse of Roman empire in the west around the 5th

6 0

3 years ago