Do you fancy yourself knowledgeable in economics and all matters finance and money? Are you aware of what the term scarcity means? Take this quiz to find out if you know anything about scarcity of resources.
The act of being afraid.
The excess of a product that hasn't been sold.
The inability to satisfy the unlimited wants and needs of people.
The amount of goods and services consumers want.
Demand more.
Choose an alternative.
Wait.
Fight for them.
Wish.
Ration.
Trade.
Substitute.
Bartering
Distribution
Surplus
Shortage
Rationing
Selling
Equalizing
Distribution
Scarcity.
Loss.
Profit.
Loss.
Production
Substitutions
Rationing
Distribution
Distribution
Allocation
Substitution
Evaluation
Rationing
Production
Intervention
Allowance