2006-08-25 15:04:53 · 5 answers · asked by Anonymous in Education & Reference ➔ Homework Help
because money in itself is scarce. in addition, money can't help return scarce and unreplenishable resources, like oil and fuel. no land, too, is scarce, as well as food, because plants like corn and tomatoes have a specific life cycle which can't be rushed, even with money.
2006-08-25 15:10:45 · answer #1 · answered by lemons 3 · 0⤊ 0⤋
I would say that the premise of your question is false and contrary to the basic laws of economics. Nothing can cure scarcity faster than money.
If prices are allowed to fluctuate by market forces rare items will become more valuable assuming they are both rare and desirable. If they can be produced there will be more incentive to produce them, if not more incentive to conserve them.
2006-08-25 22:29:25 · answer #2 · answered by Roadkill 6 · 0⤊ 0⤋
because you can't buy something that has a limitation especially if it is to do with a natural good eg gold, oil. so when there is less produced by nature then what is the use of the money.
2006-08-25 22:13:25 · answer #3 · answered by TANNY P 2 · 0⤊ 0⤋
Too much money causes inflation, as our president's tax cuts are demonstrating right now.
2006-08-25 22:11:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Think about this-- "scarce" means you can't find something real well- it's not around.
2006-08-25 22:10:39 · answer #5 · answered by Flea© 5 · 0⤊ 0⤋