Without a REGULATION to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist stories.
Explanation:
- Scarcity in any area, can arise/occur in a place where the resources are not enough due to rapid increase in population.
- For example, with an entire nation dependent on its primary economy - agriculture - soil, water and land become scarce within less time before any action/rule can be imposed.
- Demand-supply, structural induced scarcity are the two types that can occur commonly.
- Here, in a Collectivist society where, a group/culture/community on a whole is taken into account rather an individual alone, scarcity can be observed in wide range.
- If there is no limit regulated on how much an individual can own or work on, the middle economic and lower economic class will fall into below poverty line. To enhance their livelihood and improve the economy of a nation, a regulation to govern resources is necessary.
