Politics. Politics is primarily the tool/mechanism by which a population determines how to distribute limited resources.
ferns
The solution of unlimited human wants are unlimited resources to satisfy those wants. Unfortunately, resources are limited and they will always be limited in comparison.
It means that there are limited resources to satisfy the unlimited wants of individuals.
Study on how human deals with his limited resources to satisfy his unlimited wants and needs.
Scarcity exists because we have unlimited wants and only a limited supply of resources to produce goods and services that satisfy our wants
ferns
How do you make choices from limited resources?
The solution of unlimited human wants are unlimited resources to satisfy those wants. Unfortunately, resources are limited and they will always be limited in comparison.
Economics.
Obviously they can't and don't
It means that there are limited resources to satisfy the unlimited wants of individuals.
Study on how human deals with his limited resources to satisfy his unlimited wants and needs.
"Economics is a study of how limited resources are used to satisfy unlimited human wants". Economics is the science that deals with the production and consumption of goods and services and the distribution and rendering of these human welfare...
Economics
Scarcity is a basic economic problem that stems from unlimited wants and limited resources to satisfy the numerous wants.
Scarcity exists because we have unlimited wants and only a limited supply of resources to produce goods and services that satisfy our wants
Obviously all the needs cannot be satisfied. Rationing would be one solution.