Making economic choices is another way of dealing with scarcity.
Explanation:
The different ways nations make economic choices result in various economic systems. All nations must address the problems of resource scarcity, and all nations must allocate their limited resources to meet the needs of their citizens.
the scarcity depletes this finite capacity of decision-making. The scarcity of money affects the decision to spend that money on the urgent needs while ignoring the other important things which comes with a burden of future cost.
