"All societies must economize because human wants are unlimited, but resources needed to satisfy these wants are limited." This statement...
"All societies must economize because human wants are unlimited, but resources needed to satisfy these wants are limited." This statement means that society must (a) use its recourses in such a way as to get the most out of them (b.) save as much money as possible (c) keep its budgets balanced (d) prohibit the use of its resources.
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