5
QuizMultiple Choice

The Three Questions of Economics

Question 5 • * HSA 26-27 Economics

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

Answer
A
Who can be most creative with the product?
B
Who has the largest resource pool?
C
Who has the greatest need?
D
Who can bring in the greatest profit?

Explanation

When a resource is scarce, a society must decide how to distribute it among people who may want or need it. Considering who has the greatest need is one way to make that decision fairly. The other choices focus on creativity, wealth, or profit, which do not directly address who should receive a limited resource.

AI-written and checked against the verified answer.

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