What Causes Scarcity

question 259

Multiple Choice

What causes scarcity?

• A) the allocation of goods by prices
• B) specialization and division of labour
• C) unlimited wants and limited resources
• D) the market mechanism

---

Definitions:

Japanese Descent

Individuals hailing from or having ancestry rooted in Japan, encompassing a wide range of cultural, linguistic, and national backgrounds, historically and in contemporary times.

Hawaii

A U.S. state located in the Pacific Ocean, comprised of islands, known for its diverse landscapes, warm tropical climate, and rich indigenous culture.

Civil Rights Movement

A decades-long struggle, particularly during the 1950s and 1960s, by African Americans and allies to end racial segregation and discrimination against black citizens and secure legal recognition and federal protection of citizenship rights enumerated in the Constitution and federal law.

Jim Crow Laws

Racial segregation laws enacted in the Southern United States after the Civil War, legally enforcing discrimination against African Americans until the mid-20th century.