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1 August, 02:30

How does scarcity affect a society's economic decisions?

It influences society to export products, including natural resources, labor, and capital, in order to increase profits.

It influences society to prioritize its needs and wants and make decisions about how to use resources.

It influences society to decide whether or not it should remove a leader from power.

It influences society to innovate and change its methods of production quickly.

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  1. 1 August, 03:20
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    It influences society to prioritize its needs and wants and make decisions about how to use resources.

    :D
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