True.
Scarcity is the condition of
not having enough goods and services to satisfy everyone’s needs. Scarcity is described
as the delinquency or the inadequacy of resources either in natural or man-made
resources. Natural resources may include, trees, food, water, land, oil and etc.
Man-made resources could be electricity, manpower, devices, funds and etc. This
can influence the stability of a certain place or location.
