things you buy? You work for pay. If you do not, someone else does on your behalf. Yet most of us never have

enough income to buy all the things we want. This is because of scarcity. So how do we solve it?

LINK IT UP

Visit this website (http://openstax.org/l/drought) to read about how the United States is dealing with scarcity in

resources.

Every society, at every level, must make choices about how to use its resources. Families must decide whether

to spend their money on a new car or a fancy vacation. Towns must choose whether to put more of the budget

into police and fire protection or into the school system. Nations must decide whether to devote more funds to

national defense or to protecting the environment. In most cases, there just isn’t enough money in the budget

to do everything. How do we use our limited resources the best way possible, that is, to obtain the most goods
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