Which Statement Is True

question 105

Multiple Choice

Which statement is true?

• A)Scarcity is simply a lack of money.
• B)Our society has been so affluent in the last 50 years that scarcity is only a minor problem.
• C)The economic problem refers to the problem of poverty.
• D)If scarcity did not exist there would be no need to economize.

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Definitions:

Job Discrimination

The unfair or prejudicial treatment of individuals in employment because of characteristics such as race, gender, age, or religion.

First-class Citizenship

A status that entails full enjoyment of all rights and privileges afforded to members of a society, without any discrimination or limitation.

George Wallace

An American politician known for his pro-segregation attitudes during the 1960s, serving as the Governor of Alabama and running for U.S. president multiple times.

Mississippi Freedom Democratic Party

An American political party created in 1964 as a branch of the civil rights movement, aiming to challenge the legitimacy of the Mississippi Democratic Party, which upheld racial segregation.