Scarcity Is a Problem That Will Eventually Disappear as Technology

question 117

True/False

Scarcity is a problem that will eventually disappear as technology advances.

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Definitions:

Uneven Power

Situations where there is an imbalance of power or influence between groups or individuals, often affecting decision-making or resources distribution.

Utilitarianism

An ethical theory that evaluates actions in terms of their outcomes, specifically the greatest good for the greatest number of people.

Greatest Good

The highest level of benefit or welfare for the largest number of individuals or the general population.

Informed Consent

A process by which a participant voluntarily confirms their willingness to participate in a study or procedure, after understanding all its relevant aspects.