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Sagot :
According to a popular statement in economics, if not for consumption, we should be able to grow the world's food supply in a flower pot.
What is economics?
Economics is the subject regarding the monetary affairs. It is also concerned with the fulfillment of needs and desires through the distribution of finite resources with many uses. It is the study of need and choice.
According to a common economics assertion, we should be able to produce the world's food supply in a flower pot if not for consumption.
There is a demand for resources, yet resources are few. Everyone's needs would be met if there were an abundance of resources. Therefore, it can be concluded that consumption is in large amount as compared to the availability of resources.
Learn more about economics here;
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