Because of scarcity:
A) individuals and societies are not able to choose which material wants and needs to satisfy.
B) individuals and societies must choose which material wants and needs to satisfy.
C) all choices about satisfying wants and using resources must be made by the government.
D) choices can be made about which wants to satisfy, but not about which resources to use.

Question

Quizplus · Accepted Answer

Scarcity means that there are limited resources, but unlimited wants and needs. This forces individuals and societies to make choices about which of those wants and needs to satisfy with the available resources.

Because of Scarcity