The Difference Between Scarcity and a Shortage Is That

question 76

Multiple Choice

The difference between scarcity and a shortage is that

• A) scarcity is caused by poverty and shortages are caused by natural disasters.
• B) shortages are a type of scarcity caused by natural disasters while scarcity is caused by human errors.
• C) scarcity always is a part of human life while shortages usually are temporary.
• D) shortages are always part of human life while scarcity is usually temporary.

---

Definitions:

Government Favors

Special advantages, privileges, or concessions given by the government to certain businesses, industries, or sectors.

Better Products

Goods that are of higher quality or more desirable compared to others available in the market.

Lobbying

The act of influencing decisions made by officials in the government, often practiced by special interest groups or individuals.

Democratic Representative Government

A form of government where citizens elect representatives to make decisions and pass laws on their behalf.