What is Scarcity in 60 Seconds #economics #basiceconomics
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YouTubeLECTURE BOX
What is Scarcity in 60 Seconds #economics #basiceconomics
Learn the meaning of Scarcity in economics with a simple definition and real-life example. Scarcity is the fundamental problem of limited resources and unlimited wants. This short video explains how scarcity leads to choices and opportunity cost 🎓 Perfect for students of Class 9, Class 10, and beginners in economics. 👉 Follow @LectureBox ...
66 views4 months ago
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Scarcity trauma, rooted in experiences of lack and deprivation, can manifest in various ways: one common expression is hoarding. 🛍️ Hoarding often stems from a deep-seated fear of not having enough in the future. Those who have experienced scarcity trauma may accumulate possessions, even if they are unnecessary, as a way to create a sense of security. 😰 This behavior can be challenging to overcome because it represents an attempt to regain control over circumstances that once felt overwhelming
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