As the population increases the demandsame of people rises which means industries and other firm are to involve in active production of daily wants which is highly demanded..
If a child is asked what he likes you will see that even a child will have so many things in mind to demand so to us adults our rises as we grow up and also as the world is civilization is growing very fast people no longer want things of the past but wants new creation
We should engage in more resources creation in other to make the rate of supply grow more than the rate of demands
Topic: Scarcity and scale of preference (Read 359 times)
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
You're never going to get everything you want in life but if you find a reasonable balance then you can sure be happy. Even Billionaires, who you might imagine have access to many things in life, may still be missing certainty in some areas of life - like do their friends like them as a person or just because of the monetary possibilities of being connected to them and whether the love of their life is genuine or again, just related to their bank account. You need to learn to keep trying hard and take in every little moment of joy that you can, often you can get those moments of joy by doing things for other people as well - not expecting anything in return. Scarcity is real, so make the most of what you've got.
There is always a big competition for most of the wants to satisfy the wants and so it comes that one way of achieving all the wants is to satisfy the people who which is why all the want of human beings are the main wants. One example of people that get all their wants but do not have the need to meet all the wants is a small small village named Ootah. Ootah is the main want for all the people in the village where they are getting all their wants. In a small village the need for people to go to their own village and if people want a little more all want will do.
So this example we are talking about you need to meet the people for a small to meet the people for a large amount of their wants and for this you must satisfy all the wants at least once a day in an environment that has a lot of people and not only that but people also do a lot of need tose people. You cannothat a large amount of people want because of their economic problems they need to meet them in order of priority they cannot meet all the wants because of the economic problem of their people.
So this example we are talking about you need to meet the people for a small to meet the people for a large amount of their wants and for this you must satisfy all the wants at least once a day in an environment that has a lot of people and not only that but people also do a lot of need tose people. You cannothat a large amount of people want because of their economic problems they need to meet them in order of priority they cannot meet all the wants because of the economic problem of their people.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
What do you mean by the resources needed? The resources depends on what you mean but generally I think what this hypothesis is saying is that human beings naturally is made in a way that they will need so much to be comfortable and survive and because the buying power available (which is money) may not be always available to get all whatnot needed at a particular time and so they need to be scaled out in order of needs or preference. Therefore in this light I think as a human being even if you have all the wealth in the world to acquire the material needs you have, you can't purchase your emotions, mood and things that has to do with fulfilment, happiness or sadness , this is why another wise saying says a man can not finish all the things he set out to do in his life time until he diedbecause after achieving one another is in line to achieve etc I'm yet to see a rich person who has stopped making more money in his life time and this hypocrically explains the insatiable need of man.
We will require more resources as a result of our never-ending study and discovery. It's not just about meeting our basic human requirements; it's also about testing to discover the most useful items, like automobiles, motors, and other devices, that could save us energy and be of assistance. Nevertheless, despite these advancements, we continue to consume more resources as our desire for advancement grows. People discover that we could cycle the resources as we return what we took, but this will cause scarcity. For instance, we plant 10 tree plants for the trade for every tree we tear down. Since it takes years for trees to grow and because they provide us with oxygen, most rural areas have nice, clean air.
Therefore we must know if we can still in order the resources or if we are bound by any resource at some point in time.
We are not as regards how we know if, but at the begias for us our desire and our demands and our desires are already fulfilled. We want for a time not to fail the wants we are given in order to satisfy them we hbut if we meet it by any means it is all the same to satisfy all the wants we have.
But if we are at the end of the age we may not be satisfied with our desires and our demands.
Thus our demands will not be satisfied.
The desire is just a desire and therefore we need at the beginning of the age to meet all the wants we will get our wish.
Therefore we need to meet with all the wishes again in order to meet the wants we will get our wish.
So we have to meet with at least the resource we will have the resources as it is said if we are a worker and therefore
We are not as regards how we know if, but at the begias for us our desire and our demands and our desires are already fulfilled. We want for a time not to fail the wants we are given in order to satisfy them we hbut if we meet it by any means it is all the same to satisfy all the wants we have.
But if we are at the end of the age we may not be satisfied with our desires and our demands.
Thus our demands will not be satisfied.
The desire is just a desire and therefore we need at the beginning of the age to meet all the wants we will get our wish.
Therefore we need to meet with all the wishes again in order to meet the wants we will get our wish.
So we have to meet with at least the resource we will have the resources as it is said if we are a worker and therefore
I agree, but not everyone puts their priorities first, some people tend to prioritize their desires first rather than fulfilling what they really need.
that is why people's nature and wealth are different because they have different principles.
It is easy for many people to confuse the two and think that a want is instead a need, for example I have a friend that always buys the newest apple smartphone as soon as it is released and I have asked them why they do that? As it is not as if the new model is a dramatic improvement over their previous model, and they say to me that this is something they need for their job, which is false as they could do their job with a smartphone which cost a fraction of the newest model, so they are a perfect example of someone which confuses what they want with what they need. that is why people's nature and wealth are different because they have different principles.
I agree, but not everyone puts their priorities first, some people tend to prioritize their desires first rather than fulfilling what they really need.
that is why people's nature and wealth are different because they have different principles.
that is why people's nature and wealth are different because they have different principles.
Resource prioritization and allocation are very complex matters that sometimes require a resolution according to fair and reasonable criteria. Sometimes, new desires are also created by new products and developments in science and technology, creating new needs.. However, that is not a reason to agree that resources are not enough to satisfy all human desires. Development and efficient use of resources can also help with this. We need creative creative to distribute and use resources in the most beneficial way for society as a whole.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
Human needs always increase every generation as well as the preferences of each generation have an orientation in life so that it will form a new idea to fulfill their preferences if no one offers it to them, if you compare human desires and their resources I think it will never be enough at any time basically humans are never satisfied even though their wishes have been achieved, there is always a position where they think of new things and want new things that are increasingly trendy or more prestigious, I really agree that indeed resources will never be enough to fulfill every desire even if you have have what is in this world, impossible things will definitely be your desire.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
Human needs always increase every generation as well as the preferences of each generation have an orientation in life so that it will form a new idea to fulfill their preferences if no one offers it to them, if you compare human desires and their resources I think it will never be enough at any time basically humans are never satisfied even though their wishes have been achieved, there is always a position where they think of new things and want new things that are increasingly trendy or more prestigious, I really agree that indeed resources will never be enough to fulfill every desire even if you have have what is in this world, impossible things will definitely be your desire. 
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
Human wants are unlimited and obviously cannot be ever satisfied. Human needs on the other hand, can. And I think the mineral resources that are deposited and found on Earth are enough to satisfy our immediate needs if efficiently managed and utilized. I think you’re actually talking about human needs and not wants. We could set up a scale of preference and prioritize our needs in order not to fall into financial ruin.
I can understand why it would seem that resources aren’t enough to fulfill our needs. Governments of various countries who are tasked with managing and putting these resources to good use for the overall benefits of the society end up mismanaging them or even going as far as putting them into personal use.
True, it is not enough but it cannot be denied that there are still many greedy people who have power and abuse this power to obtain resources so that many people are deprived and can even get no resources at all.
Ultimately what needs to be met is not wants
Ultimately what needs to be met is not wants
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems.
The word used to describe our "wants" as humans is "Insatiable", which really means our wants cannot be satisfied and it is not just because of economic problems but because "wants" are never ending and if you try to satisfy all you want every time simply because you have the financial capacity to do so, you will end up spending money unnecessarily and will be putting yourself up for financial lack. Every category of people in the society from the poor to the rich have wants, so wants is not just for the poor or does experiencing financial problems. scales of preference simple is setting our needs in order of priority.
You talk about "needs" here? I hope you know that there is a difference between "wants" and "needs"? 
I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
It is not. What the OP expresses is the Malthusian garbage vision, which proved to be wrong and maybe if we wait a long time it will become true, but like someone who predicts that tomorrow it will rain, and when the sun rises he predicts again that it will rain the next day, to do it again and again indefinitely until it finally rains. With 8 billion people and growing it could be that in the end we will have a problem of resources on earth, but when societies become richer population growth moderates and even reverses, so it remains to be seen if we will ever reach that catastrophic scenario. What we know to date is that no, Malthus was wrong, because human creativity and productivity go far beyond his imagination.
Humans by nature are never satisfied with thier needs and they always find it insufficient so they keep on complaining about that.
Realistically advancement of science and technology have provided humans with millions of facilities which they are using.
Actually it is not dissatisfied with needs, but because every need that has been obtained will still be used up over time so that every human being must continue to look for needs in his life and science and technology are tools that can be used by all humans to find the necessities of life that they need and I think it will always give satisfaction to every human being who is able to use it better in his life. Realistically advancement of science and technology have provided humans with millions of facilities which they are using.
I think life is very simple but humans complicate it with endless unimportant pseudo-need-priority like need. And it goes on and on to create more scarcity of resources to satisfy our psuedo-need. Granted there are real needs and wants but they seem far from achievable because of too many economic problems.
But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
The economis designed in such a way that the product designers make goods to appear that we actually need them by all means to survive. But in a real sense what we need to survive is not as much as what we want to acquire. We most times buy things that are not needed just because we have the spare money or we don't actually know what to do with money. But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
About what Op said, humans are working tirelessly to provide resources that will match human needs but the problem is that such resources also needs money to acquire them. At the end of the day, the problem is just money and nothing else.
I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
Actually this statement is the basis of all the development. This saying itself means what you are saying. That human wants keeps on increasing. As we grow further, we Bring in new resources and then use those resources to create new wants. This actually is basis on which whole economics is based and how most of the major governments drive their economic decisions. So correct or not this saying exists in every part of our world I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
This relates to one's passion and lifestyle in living life, human priorities must be different in terms of position and financial levels, someone who tries to equalize one another are those who do not have a formula for their life. Imagine when someone is forced to buy something they don't need, while the need to buy is not an urge that they have to achieve, so that the impression is seen as a prestige to compete with other people who need it.Setting needs in today's economic life is very important, if you are unable to control the preferences of the needs needed, then your financial level chaos will be problematic, which in the end you have to deal with loans from other parties. When our lives have entered this circle, then it's the same as you have trapped your own life in a big problem.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
There are enough resources in the world to satisfy at least all basic needs of all people. But poverty and hunger in some places along with prosperity and luxury of the others (in most countries there are both types of places) is the result of developed capitalist policy. Now richest people of the world don't need money as the resource to spend, they need money as the tool to manipulate others. Most prosperous tycoons join forces with governments in pursuing such goals. So that unequal goods distribution is not an occasional thing, it's a thing which is used by rich to manipulate the poor ones.
Humans are irrational beings. We have unlimited wants and the resources available to cater to them are limited. That is why the scale of preference comes in to make sure you use the available resources for your most pressing need.
Then why do you have to say Humans are irrational creatures? Meanwhile, every human being can think of using the resources that have been provided by nature. I think humans are quite rational creatures in using something they deem important so I don't think it's appropriate to say it's irrational even if you have a comparison for their preferences.
There are enough resources to sustain basic quality of human life. Birth rates are going down in most countries anyways so the unrestricted exponential population growth is going to level out at some point -- though for economic purposes, it's good to have a large working population that will be able to subsidize the older demographic (which will eventually become the largest demographic if birth rates don't keep up and life expectancy goes up).
Seems like doosmday hysteria when people suggest we'll run out of resources.
Seems like doosmday hysteria when people suggest we'll run out of resources.
Have anyone here had ever read about the pyramid of Maslow? (https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs).
Before talking about necessities of humanity we need to know where the most of the population is currently at and where we want humanity to be.
Ideally we want all people to reach the top of the graph and develop the maximum of the capacities,so they can provide their families and society, however, we can agree that the resources needed for personal development increases while we advance upwards.
If we want to continue to advance, the governments of the world need either to restrict the growth of population or increase the amount of resources and space for human development, that is the motivation behind the spacial exploration, in my eyes, by the way, in the future we will need to send human to the moon and mars, for civil purposes.
That is just my opinion, of course.
Before talking about necessities of humanity we need to know where the most of the population is currently at and where we want humanity to be.
Ideally we want all people to reach the top of the graph and develop the maximum of the capacities,so they can provide their families and society, however, we can agree that the resources needed for personal development increases while we advance upwards.
If we want to continue to advance, the governments of the world need either to restrict the growth of population or increase the amount of resources and space for human development, that is the motivation behind the spacial exploration, in my eyes, by the way, in the future we will need to send human to the moon and mars, for civil purposes.
That is just my opinion, of course.
Maslow's pyramid? Tremendous, folks! A masterpiece in human psychology. Before we talk about what people need, let's understand who we are and where we're headed. Our mission? Help everyone reach the top of the pyramid, unlock their potential, and make America - and the world - great!
But moving up isn't easy. Personal growth needs resources, and they're not endless. We need to face it: either limit population growth or find more resources and space. It's that simple.
Space exploration? It's huge! By conquering new planets, we create opportunities and unleash our full power. Sending people to the moon and Mars? Absolutely necessary for self-actualization. Let's climb the pyramid and make Earth great for everyone
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
This is only half true, it is true that we cannot satisfy the wants of very single person around the world as our resources are limited, but I do not know if you have noticed but thanks to the advancement of our technology and our knowledge we have now many more resources than what we had a century ago, so if humans are able to master technologies like fusion power then satisfying our wants will become way more likely and the majority will enjoy improved life conditions as well.Realistically advancement of science and technology have provided humans with millions of facilities which they are using.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
This is only half true, it is true that we cannot satisfy the wants of very single person around the world as our resources are limited, but I do not know if you have noticed but thanks to the advancement of our technology and our knowledge we have now many more resources than what we had a century ago, so if humans are able to master technologies like fusion power then satisfying our wants will become way more likely and the majority will enjoy improved life conditions as well. 
Have anyone here had ever read about the pyramid of Maslow? (https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs).
Before talking about necessities of humanity we need to know where the most of the population is currently at and where we want humanity to be.
Ideally we want all people to reach the top of the graph and develop the maximum of the capacities,so they can provide their families and society, however, we can agree that the resources needed for personal development increases while we advance upwards.
If we want to continue to advance, the governments of the world need either to restrict the growth of population or increase the amount of resources and space for human development, that is the motivation behind the spacial exploration, in my eyes, by the way, in the future we will need to send human to the moon and mars, for civil purposes.
That is just my opinion, of course.
Before talking about necessities of humanity we need to know where the most of the population is currently at and where we want humanity to be.
Ideally we want all people to reach the top of the graph and develop the maximum of the capacities,so they can provide their families and society, however, we can agree that the resources needed for personal development increases while we advance upwards.
If we want to continue to advance, the governments of the world need either to restrict the growth of population or increase the amount of resources and space for human development, that is the motivation behind the spacial exploration, in my eyes, by the way, in the future we will need to send human to the moon and mars, for civil purposes.
That is just my opinion, of course.
Humans are irrational beings. We have unlimited wants and the resources available to cater to them are limited. That is why the scale of preference comes in to make sure you use the available resources for your most pressing need.
I don't think it's that simple. I do agree that needs should be prioritized, and in terms of what we need, we have plenty to cover various worst global issues, such as basic food, housing, minimal resources to live a decent life. Humanity produces enough, but the distribution is so wild and ridiculous that millions are still dying from hunger and there are lots of homeless people. As for the wants, I suppose there's never enough to satisfy the total wants in the sense that there are always some people that simply want too much, but there's also this aspect that with many cases, people don't know what they'll want in case something is created. I guess it's a point similar to what hugeblack is saying in the thread.
For example, nobody in 1950s wanted to be a TikTok influencer (because there was no Internet, no social media, no market for all this), whereas now it's a thing that many people want. But while our resources are growing, and sometimes new products create new demand (not just the other way around), the wants probably outweigh the resources, but that's just because humanity needs to work on the wants.
For example, nobody in 1950s wanted to be a TikTok influencer (because there was no Internet, no social media, no market for all this), whereas now it's a thing that many people want. But while our resources are growing, and sometimes new products create new demand (not just the other way around), the wants probably outweigh the resources, but that's just because humanity needs to work on the wants.
I guess what OP is trying to say is that "human wants are insatiable". Since resources are limited and scarce we should have a scale of preference is the only way to make sure the resources we have available are enough for us.
Your words are correct, but there are always sufficient resources to cover those desires, as the increase in desires means that there is a demand, and therefore ideas are generated to meet that demand.
Thus, even if the resources are scarce, there are enough ideas to convert untapped resources into materials fit for human use.
Let us take an example of water desalination. In the past, people relied on rain water and rivers, but the increase in population density forced them to desalinate sea water until the waste water was reused.
Not all of our needs are met by the majority of people, often the only needs we meet always depend on the budget we only have, and when there is too much, the things that we can tolerate not taking first are done and tolerated first let's
But of course, sometimes because we want to get what we think we need even if our budget is tight, we make it a way just to get it. Because we are determined to make it happen.
But of course, sometimes because we want to get what we think we need even if our budget is tight, we make it a way just to get it. Because we are determined to make it happen.
I guess what OP is trying to say is that "human wants are insatiable". Since resources are limited and scarce we should have a scale of preference is the only way to make sure the resources we have available are enough for us.
Your words are correct, but there are always sufficient resources to cover those desires, as the increase in desires means that there is a demand, and therefore ideas are generated to meet that demand.
Thus, even if the resources are scarce, there are enough ideas to convert untapped resources into materials fit for human use.
Let us take an example of water desalination. In the past, people relied on rain water and rivers, but the increase in population density forced them to desalinate sea water until the waste water was reused.
The economic impact will leads to the economic crisis.This economic crisis is not the new concept,we had faced the lot economic crisis during Covid 19.The best way to target the economic crisis by make some savings before the COVID started again.The person who earn more money can afford many things,but the people who afford less money will earn less money is the reason.To satisfy one need,he need to multiply his income by different manner.When the money was raised,he can use that money to multiply by resources like share market.Then inverse in cryptocurrency to know the exact value of crypto currency trading.
a person's wants always grow whenever he has the capacity to pay for them.
this is just an example though but let's say a person works as a railway constructor, his money can only afford a burger and a bottle of water for a meal. but after a while, his boss raises his salary for being punctual. now he can afford a burger and a soda and a cigar.
while a cigar and soda are not really necessary like he needs them but because he wants them, he buys them. this is what i think OP means.
I do not think that this saying is correct. When our requirements were primitive... so the next wealth may be close or even outside the planet.
I also do not agree that your saying is true (no offense) because there are three types of people in the world, they belong to high, middle and lower class. The people of high class face no problems in availability of any needed resources like USA, Saudi Arabia etc. Why? Understand this with an example of electricity. There is 24 hours availability of electricity in both countries but middle class countries face 6 hour outage of electricity while the lower once face 12 hours outage of electricity isn't it a big difference between the availability of a resource "electricity"?Yeah there is no doubt in saying that necessity is the mother of invention. As the invention occurred then there comes some people who try to control that resources accordingly.
The last that might be true, as I have heard scientist have found a "Golden Asteroid" in space which contains $10,000 quadrillion worth of assets in Gold, Nickel and Iron.(source).
what else can we discover. I just wish it is not another virus.
I don't think viruses are any type of discoveries instead they are inventions of bio-scientists. One thing i had heard a lot that, the chances of atomic war is zero because the next war is going to be the bio war (war of chemicals). COVID-19 was just an example. I also hope this comes to an end soon. Ameen. 
Resources are scarce and that's why there have been conspiracies about reducing the world's population for the rest of the number will have enough resources for everybody.
The thought and process of our minds thinking that we've got enough resources because of our situation and if we're in a better one then that's good for us. It's because not everybody is having fortunate things in life and that can be seen that there's a scarcity of resources because even for basic needs and necessities, there goes a lack for those unfortunate people given the situation of their lives. But we don't go stop from there because it's a discussion that will get a lot of good points being the actuality of it and then the meaning of opposing thoughts about it proving that everyone has a valid point. On the early days, there have been explorations and expeditions made by those great travelers through the seas and I agree on HB that soon, we'll go travel and get resources outside the Earth and getting those materials and new discoveries through the other planets. It has all started several decades ago but it won't stop there and we're not even close to an inch of that discovery because the universe is vast.
The thought and process of our minds thinking that we've got enough resources because of our situation and if we're in a better one then that's good for us. It's because not everybody is having fortunate things in life and that can be seen that there's a scarcity of resources because even for basic needs and necessities, there goes a lack for those unfortunate people given the situation of their lives. But we don't go stop from there because it's a discussion that will get a lot of good points being the actuality of it and then the meaning of opposing thoughts about it proving that everyone has a valid point. On the early days, there have been explorations and expeditions made by those great travelers through the seas and I agree on HB that soon, we'll go travel and get resources outside the Earth and getting those materials and new discoveries through the other planets. It has all started several decades ago but it won't stop there and we're not even close to an inch of that discovery because the universe is vast.
I think life is very simple but humans complicate it with endless unimportant pseudo-need-priority like need. And it goes on and on to create more scarcity of resources to satisfy our psuedo-need. Granted there are real needs and wants but they seem far from achievable because of too many economic problems.
But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
The angle of Thomas Hobbes in the lawlessness of human desire is also a key factor not to undermine the usefulness of law in the need and desire of human.
There is the aspect of human wants that I think law has curtail in regards to how people would desire to live their lives and treat other people. Left for human crude nature, some desires and want may be weigh out of board. Some certain cultures may have been sustained if not for abolishment through law.
There is also a place of modernity in the scheme of things to the rise in the human wants. During the medieval period where the economic sustainability of the society was majorly built on trade by barter, I think these wants were suppressed not that they didn't exist.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
The order of priority will depend on the position of different people, if you ask me about this priority, then the definite answer is meeting enough needs, paying for children's education, investing according to ability and having a little savings for urgent needs. That's why I would say there is a lot of difference when it comes to managing needs and ultimately spending money as a form of planning rather than fulfilling a lifestyle. A simple preference scale is to arrange our needs in order of priority, but everyone's priorities will be different and never the same in terms of arranging needs.If people know the level of priority needed, then that person must have a pattern in managing finances and most people are stuck with an excessive lifestyle that doesn't adjust to abilities, that's why financial chaos is getting more complicated and difficult to control.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
Scale of preference and choice is a must in a world that is faced with a scarcity of resources. This scarcity is man-made because I think nature gave enough resources to each nation. But greed and materialism have made some people control these resources using the instrument of government or businesses connected to the government. These set of people make laws that will favor them and their cronies to enable them to have more access to financial power. An example is the intentional acts of the government of my nation to frustrate the businesses of other entrepreneurs because they want the business of their financiers to enjoy a monopoly. For one to survive in this world currently, financial planning is a topmost priority, except if you want to live on credit and loans. 
The endless research and discovery that we people do, the more resources we'll need. It's not only to satisfy our needs as a human but also experimenting for us to find the most convenient things that might saved us energy and help us such as cars, motors, machine and many more. But despite those improvements, the more we greed for improvements the more resources we eat. This will lead to scarcity, people find that we could circulate the resources as we return what we took. For example, for every tree we cut, the 10 tree plants we plant for the trade. Since it will take years for trees to grow as they help us to give oxygen that's why most country side have a nice fresh air and unpolluted.
I think life is very simple but humans complicate it with endless unimportant pseudo-need-priority like need. And it goes on and on to create more scarcity of resources to satisfy our psuedo-need. Granted there are real needs and wants but they seem far from achievable because of too many economic problems.
But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
But in reality, it is either we get one or the other. It is a trade. A trade - the most urgent need to the least urgent.
In doing so,we are making choices and setting priorities in allocating limited resources to satisfy unlimited wants and needs.
By doing this, we are choosing and establishing priorities in the allocation of finite resources to meet infinite wants and requirements.
Not to get too far to the opt of OP, economic problems just require economic solutions. There is no lack of resource, only lack of ideas.
People are lazy to think and look for ideas when technology is getting up to date. Poverty, economic needs and everything depend on the resources of the mind itself. I totally agree with what you said economic problems require economic solutions. Because basically we always look far away but forget the important aspects around us that can still support needs beyond what is needed. Usually caused by being too ambitious to see the achievements of others and do not see the abilities that can be done alone. The result is when we have found a solution but are still looking for problems, and assume that solution after solution always ends in incompatibility. 
I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
I guess what OP is trying to say is that "human wants are insatiable". Since resources are limited and scarce we should have a scale of preference is the only way to make sure the resources we have available are enough for us.
This is actually true because no matter the amount of money you have, you always have wants, and since resources are scarce we can't have everything we want at every given time, so we have to forego some things in other to get the most important things at the moment.
It is not possible to satisfy all human needs and desires. In reality, human resources and time are limited. Therefore, we need to prioritize our needs and desires in order to maximize the rights and interests of individuals and communities. Our priorities can depend on many factors, such as our values, time, health, environment and other personal values. It is important to make smart and responsible decisions to use it effectively and to best meet our most important needs.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
I would suggest that you read Think and grow rich by Napoleon Hill or The Science of Getting Rich. There is an unlimited resource. All begins in man's mind.
If every nation does a scale of preference ranking the needs and wants, prioritizing the necessities and which are not then every people will wrestle because every government or authority will take the power to distribute the needs and resources. Though resources are limited to the planet, ideas aren't. Scarcity is true, but there would be another or new way of thinking to overcome that.
Not to get too far to the opt of OP, economic problems just require economic solutions. There is no lack of resource, only lack of ideas.
I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
To be exact, there is more exploration outside the planet than what is inside the core. Which means just imagine what else can we discover. I just wish it is not another virus.
I do not think that this saying is correct. When our requirements were primitive, man discovered wood, which was burned to obtain fire and the beginning of energy. After the needs increased, coal appeared, including steam locomotives and internal combustion engines. Then oil appeared and the aviation industry developed. Therefore, when human needs increase, resources develop in return. necessary to cover these needs.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
I remember 100 years ago, people did not know about oil, and even when it appeared, they were not aware of this wealth, so the next wealth may be close or even outside the planet.
The resources needed to satisfy all the want of human being are said not to be enough compared to all the want of humans we have many want we would like to satisfy at any given point in time which we may not be able to meet up with due to economic problems scales of preference simple is setting our needs inorder of priority.
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