Gaunce979 Gaunce979

09-06-2015
History

Answered

“Price of Oil Hits Record High”

“Tribes Fight Over Control of Natural Resources”

“Government Rations Goods for Duration of War”

These headlines all relate to the economic

concept of

(1) overproduction (3) entrepreneurship

(2) interdependence (4) scarcity

Verified Answer :

HistoryGuy HistoryGuy

16-06-2015

These headlines all relate to the economic concept of "(4) scarcity" which is the central tenant of economics in the sense that people must make decisions.

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