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

Question

Quizplus · Accepted Answer

While technology can help mitigate scarcity, it is unlikely to completely eliminate it. Scarcity is an inherent feature of limited resources and unlimited wants and needs, and technological advances may create new scarcities or exacerbate existing ones. Additionally, the distribution and access to technology may not be equitable, leading to persistent scarcity for certain individuals or communities.

Scarcity Is a Problem That Will Eventually Disappear as Technology