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Effectus [21]
3 years ago
14

How does economic scarcity influence human decisions?

Social Studies
2 answers:
Stella [2.4K]3 years ago
8 0

Explanation:

Scarcity increases negative emotions, which affect our decisions. Socioeconomic scarcity is linked to negative emotions like depression and anxiety. viii These changes, in turn, can impact thought processes and behaviors. The effects of scarcity contribute to the cycle of poverty.

The ability to make decisions comes with a limited capacity. The scarcity state depletes this finite capacity of decision-making. ... The scarcity of money affects the decision to spend that money on the urgent needs while ignoring the other important things which comes with a burden of future cost.

tiny-mole [99]3 years ago
7 0

Answer:

hope you like it

Explanation:

The ability to make decisions comes with a limited capacity. The scarcity state depletes this finite capacity of decision-making. The scarcity of money affects the decision to spend that money on the urgent needs while ignoring the other important things which comes with a burden of future cost.

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