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5 June, 06:21

Scarcity is the basic economic condition that results from society's not having enough resources to produce all the things people would like to have. A society economic system determines.

A the way a society allocates it's scarce resources to produce goods and services

b they way a society organizes it's political system

c they way a society aligns technology with scientific goals

d the way a society uses religious resources to supplement economic goals and services

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  1. 5 June, 08:14
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    Society's economic system determines the way a society allocates it's scarce resources to produce goods and services.

    Option: A

    Explanation:

    To maintain sustainable development and to ensure a good future towards our present generation optimum use of available resource is required.

    That means people will use the resource as per their demand keeping one thing in their mind that we have to preserve this existing resource for our future generation also.

    Society (a group of people) allocates the existing resource to produce good and services. Unless an object used in a proper way for the benefit of public it does not called resource.

    To face this raising scarcity of resource people needs to be very aware and conscious.
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