"The Relative Scarcity of Resources Makes the Operation of Any

question 22

Essay

"The relative scarcity of resources makes the operation of any economy a matter of choosing between alternatives".Explain.

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Definitions:

Actor-Network Theory

A theoretical and methodological approach to social theory that emphasizes the agency of both human and non-human actors in social systems.

Agency

The capacity of individuals to act independently and make their own free choices, countered by structures in society.

Semiotics of Materiality

The study of how material objects and their use communicate meanings and participate in symbolic systems within a culture.

Essentialist Sense

The belief that categories, especially concerning identity, have an intrinsic essence or set of characteristics inherent to them.