Scarcity Affects Only Those Who Are in Need

question 373

True/False

Scarcity affects only those who are in need.

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Definitions:

Historical Factors

Elements or circumstances from the past that influence present conditions or situations.

Economic Factors

External elements that influence the performance of economies, including inflation rates, employment levels, and gross domestic product (GDP).

Cultural Factors

Elements of human society that influence behavior, beliefs, and values, including language, norms, and traditions.

Bilingual Abilities

The capacity to understand, speak, read, or write in two languages.