According to Emerson: "Want is a growing giant whom the coat of Have was never large enough to cover." According to economists, "Want" exceeds "Have" because: A. people are greedy. B. productive resources are limited. C. human beings are inherently insecure. D. people are irrational. Review

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Sullivan Carrillo

Business

30 September, 05:32

According to Emerson: "Want is a growing giant whom the coat of Have was never large enough to cover." According to economists, "Want" exceeds "Have" because: A. people are greedy. B. productive resources are limited. C. human beings are inherently insecure. D. people are irrational. Review

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Answers (1)

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Savanah · Answer 1

The correct answer is b) productive resources are limited.

Explanation:

In an economy, the ideal is to have a surplus of resources. However, what we have is never enough, we always want more and more, we could have permanent ambition. However, it is not possible to fulfill these expectations because productive resources are limited. The productive resources are the engine of all the economies.

That is why it is considered that "Want" exceeds "Have" in economy terms