Why scarcity is a universal law

Updated on Financial 2024-04-16
8 answers
  1. Anonymous users2024-02-07

    Cause. 1. The quantity is limited, such as arable land, oil, fresh water, etc.

    2. Human beings have limited ability to obtain useful items, such as thunder, lightning, volcanoes, wind and other natural phenomena contain abundant energy, but human beings have no way to fully utilize them.

    3. The population is expanding rapidly, and the expansion of population size has led to less and less per capita resources.

    4. Human desires have infinite expansion and scarcity classification.

    The scarcity of resources can be further divided into absolute scarcity and relative scarcity. Absolute scarcity refers to the total demand for resources exceeding the total supply, and relative scarcity refers to the total supply of resources that can meet the total demand, but the uneven distribution will cause local scarcity, which is usually referred to as relative scarcity.

    Frequently touched scarce items can be divided into two categories: one is an item like air that can be freely obtained in any number at will, and they are free goods that do not need to be paid; The other category is the economic goods that must be obtained through means of exchange, called economic goods with scarcity, and there is always a price to pay for obtaining these economic goods.

    The inevitability of the act of choice.

    Due to the objective existence of scarcity, there is a contradiction between the finite resources and the infinite human desires and needs on the earth. How to use existing resources to produce "economic goods" to effectively satisfy human desires is the basis for human beings to make choices about how to produce.

  2. Anonymous users2024-02-06

    There is universality and particularity in everything, and particularity becomes scarcity in relation to universality.

  3. Anonymous users2024-02-05

    Scarcity in economics generally refers to the fact that the resources to meet human needs are limited relative to their diverse and infinite needs. Often, people give up something they like in order to get something they like. The finite nature of this commodity is also known in economics as scarcity.

    The resources to meet human needs are limited relative to their diverse and infinite needs. Often, people give up something they like in order to get something they like. The finite nature of this commodity is also known in economics as scarcity.

    Human beings obtain resources from nature in order to achieve their own development, but theoretically speaking, human needs are unlimited, that is, any resource can be said to be scarce. is a broad concept. Whether it is due to human needs and desires, resources are relatively limited.

    Therefore, the scarcity of resources includes the infinite nature of desires and the relative finitude of resources.

    Reasons for scarcity:

    1. The quantity is limited, such as arable land, oil, fresh water, etc.

    2. The ability to obtain useful items is limited, such as natural phenomena such as thunder and lightning, volcanoes, and wind.

    It contains abundant energy, but human beings have no way to fully utilize it;

    3. The population is expanding rapidly, and the expansion of population size has led to less and less per capita resources.

    4. Human desires are infinitely expansive.

    Resource scarcity in economics is a common phenomenon of human beings and a problem that has been plaguing human beings from beginning to end, and resource scarcity is a basic proposition of economics, because of the scarcity of resources, economics was born. The task of economics is to study how to allocate limited resources efficiently. This scarcity includes both absolute and relative scarcity.

    The so-called absolute scarcity, that is, material scarcity, refers to the stock of resources stored in the earth's nature is certain, and on the whole it is scarce and insufficient, not inexhaustible, if human beings carry out extinction exploitation of resources, so that the loss and utilization of resources are greater than the rate of retention or regeneration of resources, then resources will be increasingly reduced and will inevitably face the prospect of depletion.

  4. Anonymous users2024-02-04

    Scarcity refers to a state in reality when the amount of resources that people have in a certain period of time cannot satisfy people's desires. Compared with the infinite growth of human demand, resources are always limited within a certain range of time and space, and the scarcity of resources is caused by the relative shortage of resources compared with the absolute increasing demand of human beings, and the scarcity of resources can be further divided into absolute scarcity and relative scarcity.

    Causes of economic scarcity:

    1. The quantity is limited, such as arable land, oil, fresh water, etc.

    2. Human beings have limited ability to obtain useful items, such as natural phenomena such as thunder, lightning, volcanoes, and wind.

    There is an abundance of energy, but there is no way for humans to fully utilize it.

    3. The population is expanding rapidly, and the expansion of population size has led to less and less per capita resources.

    4. Human desires have infinite expansion and scarcity classification.

  5. Anonymous users2024-02-03

    The relative finitude of resources The scarcity of resources refers to the infinite growth and expansion of human needs relative to the infinite needs of human beings, in order to meet this demand, more goods and services are needed, so that more resources are needed, and resources are always limited within a certain range of time and space, and the relative shortage of resources is compared with the absolute growth of human needs, resulting in the scarcity of resources. Resources are scarce. On the one hand, the goods themselves are finite in a certain period of time; On the other hand, the technical conditions for production from objects are limited, and at the same time, human life is also limited.

    The scarcity of material means of subsistence is determined by the scarcity of factors of production. Individuals expect to get a lot of goods and pursue many goals.

  6. Anonymous users2024-02-02

    It is one of the basic assumptions of economics, the scarcity of economic resources is relative to human desires, not absolute scarcity, because human desires are infinite, we must rationally and effectively allocate and use resources to maximize human utility.

  7. Anonymous users2024-02-01

    Excerpt 1: Tsinghua professor Han Xiuyun said that "scarcity" is the eternal theme of economic research.

  8. Anonymous users2024-01-31

    Excerpt 1: Tsinghua professor Han Xiuyun said that "scarcity" is the eternal theme of economic research.

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