Question 2(f)
[Maximum number: 2]
Describe one reason why infinite wants lead to scarcity.
Edexcel IGCSE Economics 1.1.1.a scarcity
Practise scarcity questions by classifying needs and wants, then explaining why finite resources force choices in short-answer contexts.
How this is tested
- Classify examples such as shelter or smartphones as economic needs or wants.
- Explain how unlimited wants and finite resources create scarcity and choice.