Tuesday 13 October 2009

Economic problem: is it possible to have no scarcity?


There are many interesting questions in economics, I have found a really urgent question nowadays, is it possible to have no scarcity?
So, if you look on many countries in the world you can see that scarcity is everywhere and in every economics system, of course in modern countries there is a less scarcity,but there is.

I think that scarcity in economics happens because government and people of many countries don't economise their budget properly and that's a big problem. People have to learn how to make a good economic system, for example: Germany country which glorifies by their economy system, they produce lots of good and different types of goods, they produce one of the best cars in the world, they know how to make their economics very stability without much scarcity and that's great. I think that stability and ability to save budget properly it is a main way to success. But I think that it is impossible to live without scarcity,if it is no scarcity in economics it will be not interesting to deal with economic and to solve problems also it will be derangements in all economics. Scarcity is an integral part of economics.

3 comments:

  1. Is it Possible to Have no Scarcity?
    If you lived on an island with abundant resources and a small population, then the scarcity of resources would be less obvious.

    If through spiritual practise and detachment you had very few desires – for example a monk or sannyasin then you would not see scarcity – as you would be content with just your daily bread. But, in present society, most people desire more than just a loin cloth and a begging bowl. So we keep coming up against this issue of scarcity.

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  2. I agree with you, that monk hasn't got a scarcity of food or something else, but monk is excepion, because he is acolyte of God and he supposed to be without any scarcity.

    About living on island, I tink that in spite of less population,anyway you will have a scarcity in things like fire,fresh water,because it is impossible to have all this things in sufficiency. So, I think that scarcity in economics is inevitable.

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