Scarcity Guarantees That

question 315

Multiple Choice

Scarcity guarantees that

• A) demands will be equal to wants.
• B) wants will exceed demands.
• C) demands will exceed wants.
• D) most demands will be satisfied.

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Definitions:

Freud

Refers to Sigmund Freud, the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Archetypes

Universal, symbolic images or themes that recur across cultures and literature, representing fundamental human motifs or experiences.

Defence Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and to cope with reality or maintain self-image.

Identification

The process of associating oneself closely with other individuals or groups, often by adopting their characteristics or views.