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What Is the Relationship Between Wants,resources,scarcity,and Choices? Discuss the Relationship

question 25

Essay

What is the relationship between wants,resources,scarcity,and choices? Discuss the relationship for an individual and for a society.


Definitions:

Dependability

The quality of being reliable, trustworthy, and consistent in performance or presence.

Reliable

Dependable, can be relied upon.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one's job or role.

Externship

A temporary training program in a workplace, especially one offered to students as part of a course of study.

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