No matter how much is produced, people will always want more.
there is scarcity that cannot be eliminated
There are not enough resources to produce all of the goods and services that everyone wants.
No matter how much supply is produced, people's demands will always increase to exceed supply. apex (:
No matter how much supply is produced, people's demands will always increase to exceed supply.
The resources of the planet are used to meet human need, rather than wasted on the money system, law enforcement and wars. It would be straightforward to grow enough food to feed everyone, but there is not enough profit in doing so. Nobody has unlimited wants.
there is scarcity that cannot be eliminated
There are not enough resources to produce all of the goods and services that everyone wants.
No matter how much supply is produced, people's demands will always increase to exceed supply. apex (:
No matter how much supply is produced, people's demands will always increase to exceed supply.
The noun 'scarcity' is a word for not enough to satisfy what is needed; the resources are finite, cannot meet the need, which is infinite.
The resources of the planet are used to meet human need, rather than wasted on the money system, law enforcement and wars. It would be straightforward to grow enough food to feed everyone, but there is not enough profit in doing so. Nobody has unlimited wants.
That’s not a fact, it’s a fantasy. There are obvious limits to the amount of food, shoes, CDs etc than people can want.
No, once fleas have been eliminated, they cannot come back to life.
demand will always be greater than supply
Economic growth cannot eliminate scarcity and choice. There are no resources that are infinite.Egoism and its 'rational' variant 'capitalism' have a very simple basic principleRead more: Scarcity_and_choice
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A person wants an endless supply of everything but cannot have it.