This is a basic characteristic of humanity which means that people are never totally satisfied with the quantity and variety of goods and services. It means that people never get enough, that there is always something else that they would want or need.
And Limited resources is like a basic condition of nature which means that the quantities of available resources used for production are finite. It means that the economy has only so many resources that can be used at any given time to produce other goods and services.
It is basically how you spend your money because when you go to the store and you want to buy something but you does not have that money, sometimes you not satisfying with what you buy.
When you want to play something but you have to get your grades higher. You have to make a decision about what are you going to do with your life. Sports or a better life.
Later on i want to create my own company aboout sports or maybe a new cell phone company but always i have to be prepared it. before i do that i will have a plan about my land ( location) my labord (employes) and also capital( money) i will be the entrepreneurship for my own company.
I see my self in the top ten companies of america. Making decision in my own bussiness maybe i want to create a new school about the people who come to america and they dont know english basically help then.
