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Impact Of The Scarcity Of Resources On The Daily Life Content Outline

Impact Of The Scarcity Of Resources On The Daily Life Content Outline

Submitted by • May 16, 2016 researchwriting.education

Attaining sustainability in the availability of scarce resources is the principal objective of economic activities. Excessive dependence on oil energy is a primary cause of degradation of natural resources. Resources are components of production; they are used to produce goods (Blinder & Baumol, 2012). Scarcity is the lack of enough resources to produce goods sufficient to satisfy human wants. Scarcity is a fundamental problem of economics (Frank & Bernanke, 2000).

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Voted by angellica

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