Which of the Following Statements About Scarcity Is TRUE

question 402

Multiple Choice

Which of the following statements about scarcity is TRUE?

• A) Scarcity is no longer a problem for industrialized countries.
• B) Scarcity exists in all societies.
• C) Scarcity is a problem only for greedy people.
• D) Scarcity is a problem only in countries that do not use markets to organize economic activity.

---

Definitions:

Lewin's Model

A theory of change management that describes the process as having three stages: unfreezing, changing, and refreezing.

Effective Ways of Behaving

Strategies or approaches that are proven to lead to successful outcomes in personal interactions or task execution.

Action

The act or process of doing something, typically to achieve an aim or to solve a problem.

Tasks

Specific pieces of work to be done or duties to be performed, often part of larger projects or job responsibilities.