Scarcity Requires That We

question 14

Multiple Choice

Scarcity requires that we

• A)learn to limit our wants.
• B)have the most rapid economic growth possible.
• C)have unlimited resources.
• D)produce efficiently.
• E)make choices about what goods and services to produce.

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Definitions:

Conceptual Distinctions

The differences established between theories, ideas, or concepts through analytical thinking and clarification of terms.

Linguistic Determinism Hypothesis

A theory suggesting that the language a person speaks determines their thoughts and perceptions of the world.

Chimps

Short for chimpanzees, they are great apes found in the forests and savannahs of Africa, noted for their intelligence and complex social behaviors.

Babbling

The production of repetitive syllables by infants, an early stage in language development signaling experimentation with sounds.