Scarcity

question 45

Multiple Choice

Scarcity:

• A)occurs only in command economies​
• B)can be eliminated by technological progress.
• C)exists only in capitalist economies
• D)occurs if there are insufficient resources to provide for all human wants
• E)can be eliminated by investment in human capital.

Grasp the concept of glocalization and its relation to globalization.

Realize the complexity of international aid and its varying impacts on development.

Understand how global economic dynamics, including trade and investment patterns, shape global inequality and the distribution of wealth.

Understand the psychodynamic model of abnormal behavior.

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Definitions:

Reinforcer

A motivational factor that increases the likelihood of a desired response by providing a positive outcome or removing a negative one.

Reward

Recognition or compensation given for the achievement of a specific goal or performance criteria, used as a motivational tool in various settings.

Self Competency

Denotes an individual's ability to understand and manage their own emotions, strengths, weaknesses, and behaviors effectively.

Feel Valued

Refers to the recognition and appreciation of an individual's contributions and worth, enhancing motivation, engagement, and loyalty.