Scarcity in Canada: Meaning of (Mini-Essay)

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Written by:

Kimberly B


Date added:

November 9, 2015








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2 / 408


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However, all of us are limited by many things such as time, income, and the prices we have to pay for things. For example, a poorer person has to decide which two items to buy out of milk, eggs, and bread, excluding one of the items. On the other hand, a richer person wants to go on a cruise, but also wants to finish up a business proposal for his job...
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Both of these situations are cases of scarcity, even though their financial lives are very different. They both have wants that they are unable to satisfy and are both faced with a choice they have to make. Canada, like every other country, is faced with scarcity among all of their different peoples...
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