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.

Question

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.

Antoinette Kordor · Accepted Answer

Final Answer : B, Explanation :  Economists recognize that productive resources, such as land, labor, and capital, are limited. This means that there are always more wants and needs than can be satisfied with the available resources. Therefore, Want will always exceed Have to some extent, regardless of human nature or behavior.

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.

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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.

Definitions

Learning Objectives

Learning Objectives

Related questions

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.