Police fire tear gas, rubber bullets and water cannon as they raid protester camp

The video discusses the concept of resource scarcity, emphasizing the idea of having insufficient resources to meet demands.

What is the main topic introduced in the first section?

• Sufficiency

• Scarcity

• Wealth

• Abundance

What does the second section primarily discuss?

• How to create unlimited resources

• The challenges posed by limited resources

• The history of resource management

• The benefits of having more resources

Which of the following is NOT a consequence of scarcity?

• Resource allocation

• Prioritization of needs

• Increased competition

• Unlimited growth

How does scarcity affect decision-making?

• It complicates choices

• It eliminates choices

• It simplifies choices

• It has no effect on choices

What is a potential solution to scarcity discussed in the video?

• Ignoring the problem

• Increasing resource efficiency

• Decreasing resource usage

• Expanding resource availability