Which of the Following Would Eliminate Scarcity as an Economic

question 53

Multiple Choice

Which of the following would eliminate scarcity as an economic problem?

• A) Moderation of people's competitive instincts.
• B) Discovery of sufficiently large new energy reserves.
• C) Resumption of steady productivity growth.
• D) None of the above.

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Definitions:

Sigmund Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Walter Mischel

Walter Mischel was a psychologist known for his research on personality and his work demonstrating the situation-specific nature of human behavior.

Personality Traits

Enduring characteristics or behaviors that define an individual's patterns of feeling, thinking, and acting across different situations.

Genetically Determined

Traits or characteristics that are influenced by genes inherited from parents.