Scarcity Exists Because

question 389

Multiple Choice

Scarcity exists because

• A) society and people are greedy and wasteful.
• B) our wants exceed the resources available to satisfy them.
• C) of the inefficient choices we make.
• D) poor people need more food and other goods.

---

Definitions:

Federal Legislation

Laws enacted by the national government's legislative body that apply to the entire country, superseding state laws in areas of federal jurisdiction.

Personal Opinion

An individual's own thoughts, feelings, or beliefs, distinct from objective facts or formal recommendations.

Case Brief

A summary of a legal decision, highlighting its key facts, legal issues, and the court's ruling, used for study or reference.

Briefing A Case

The process of summarizing and analyzing a legal case, highlighting relevant facts, issues, and the court's decision, often for study or preparation purposes.