Yes or No

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Yes

Are city governments dealing with scarcity when deciding whether to build a school or establish a city zoo?

Yes

Are food, clothing, and housing usually thought of as are three basic needs?

No

Are items like groceries, clothes, and books called services?

No

Are most of the goods and services we use supplied by the government?

No

Are tangible things we use in our every day lives called services?

No

Are wants those things we must have to stay alive?

Yes

Do businesses face the basic economic problem just as individuals and governments do?

No

Do some countries have unlimited resources?

Yes

Does the basic economic problem force us to make choices?

Yes

Is it sometimes difficult to tell the difference between wants and needs?

Yes

Is scarcity a problem for people all over the world?


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