Which of the Following Would NOT Be True in a World

question 112

Multiple Choice

Which of the following would NOT be true in a world without scarcity?

• A)There would be no need for the science of economics.
• B)Everyone would have all the goods and services they wanted.
• C)There would have to be an infinite supply of every resource.
• D)There would be opportunity costs.

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Definitions:

Trains

Rail vehicles that move along tracks and are used for transporting people or goods over long and short distances.

Freedom

The condition or right of being able to act, speak, or think as one wants without hindrance or restraint, fundamental to democratic societies.

Historical Significance

The importance or impact of an event, idea, or person in history and how it has contributed to or altered the course of human society.

The Amistad

A historical event in 1839 involving a successful revolt by enslaved Africans on the Spanish schooner La Amistad.