There Would Be No Economic Problems in a World Where

question 293

Multiple Choice

There would be no economic problems in a world where all resources are

• A) unlimited.
• B) privately owned.
• C) owned by the government.
• D) scarce.

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Definitions:

Satisfaction

The feeling of fulfillment or pleasure that arises from achieving one's goals or having one's needs or expectations met.

Complacency

A feeling of self-satisfaction accompanied by a lack of awareness of potential dangers or deficiencies.

Intergroup

Pertains to interactions or relations between different groups, often involving collaboration or competition.

Intrapersonal

Pertaining to or occurring within one's own mind or self.