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An artificially scarce good is similar to a public good in that it is _____,but it is also similar to a private good in that it is _____.
Social Change
The transformation over time of cultural norms, values, societal structures, and behaviors, often driven by conflict, innovation, and geopolitical shifts.
Crazes
Intense but short-lived fads or trends that capture a large following or great enthusiasm for a brief period.
Fads
Temporary, highly popular trends or behaviors that spread quickly and are followed with enthusiasm, but fade away just as quickly.
Demographic Shifts
Changes in the characteristics of a population over time, which can include age, ethnicity, gender distribution, and so forth.
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