Scarcity Is

question 173

Multiple Choice

Scarcity is:

• A)​only a problem in modern industrialized economies.
• B)​only a problem in impoverished economies.
• C)​only a problem in centrally planned economies.
• D)​a problem that necessitates making choices and tradeoffs.

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Definitions:

Motivational Factors

Aspects of Herzberg’s theory of motivation that focus on the content of the work itself; these aspects include achievement, recognition, involvement, responsibility, and advancement.