When the Supply of resources does not match or exceed the Demand, Prices rise.
In the long run, either the Supply must increase, or Demand decreased in order to maintain Economic Balance without runaway Inflation.
When economic wants are greater than available resources, scarcity exists and people must make trade-offs to get the things they desire most in exchange for things they want less.
scarcity
Depression
Scarcity is the result of limited resources being available to satisfy the wants and needs of citizens. It is important for people to buy and store resources in bulk to prevent scarcity.
ECONOMICS
entrepreneurial resources
How a society produces thing to meet their needs from available resources and how society allocate those resources among members of society based upon the contribution made and other factors. Clearer question: better answer.
Not (A) 'Consumers', because consumers are the humans who have needs and wants.(B) Available resources are used to meet human needs.(C) Economic systems are used to provide and distribute available resources.Not (D) God, because, if he exists there is no evidence that he has ever provided for human wants, other than through available resources and our own economic systems.So the answer is thathuman wants are satified by available resources, assisted by the economic system. Those who choose to do so can see God play an unseen and unprovable role in the distribution of available resources.
Scarcity is the result of limited resources being available to satisfy the wants and needs of citizens. It is important for people to buy and store resources in bulk to prevent scarcity.
Need of ManufacturingPeople need various kinds of goods. The resources are not available in the form that will meet the needs and wants of people. So you need a transformation of resources to meet the needs and Wants of Customers. The transformation process is called manufacturing. Brahmajyothi
Brazil and Venezuela have sufficient energy resources to meet their needs, with Brazil having abundant hydroelectric resources and Venezuela possessing vast oil reserves.
Natural resources are any materials that humans obtain from the Earth to meet our wants and needs.
ECONOMICS
Economics
Failure to meet your nutrients needed may result in a deficiency disease.
entrepreneurial resources
How a society produces thing to meet their needs from available resources and how society allocate those resources among members of society based upon the contribution made and other factors. Clearer question: better answer.
Not (A) 'Consumers', because consumers are the humans who have needs and wants.(B) Available resources are used to meet human needs.(C) Economic systems are used to provide and distribute available resources.Not (D) God, because, if he exists there is no evidence that he has ever provided for human wants, other than through available resources and our own economic systems.So the answer is thathuman wants are satified by available resources, assisted by the economic system. Those who choose to do so can see God play an unseen and unprovable role in the distribution of available resources.
High birth rates that lead to potentially large populations that require more resources than available to meet their needs.
Brazil and Venezuela.