Which of the Following Statements Is True

question 64

Multiple Choice

Which of the following statements is true?

• A) Gold is not a scarce resource.
• B) Both life-saving drugs and ice cream are examples of scarce goods.
• C) If a scarce resource is given away for free, everyone will be able to consume it.
• D) Scarcity means that there is an imbalance between unlimited resources and limited wants.

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Definitions:

Kingsley Davis

An American sociologist and demographer known for his work on population theory and the study of human societies.

Wilbert Moore

A notable sociologist recognized for his work in role theory, social change, and the structures of modern societies.

Survival of Society

The concept that societies must adapt and evolve to survive by addressing and managing internal and external challenges over time.

Ability and Talent

Natural aptitude or skill possessed by individuals that enable them to perform certain tasks effectively.