The primary reason why people cannot have everything they want is because
A) people are selfish.
B) scarcity exists.
C) there is not enough economic growth in the world.
D) none of the above

Question

Quizplus · Accepted Answer

Scarcity exists because resources are limited, while human wants and needs are infinite. Therefore, people cannot have everything they want due to the shortage of resources required to fulfill their desires. Choice A is incorrect because while some individuals may be selfish, it is not the primary reason for scarcity. Choice C is also incorrect because economic growth does not necessarily eliminate scarcity, instead it may increase demand for resources leading to more scarcity.

The Primary Reason Why People Cannot Have Everything They Want