Scarcity is the fundamental economic problem of having seemingly unlimited human needs and wants, in a world of limited resources. It states that society has insufficient productive resources to fulfil all human wants and needs. For example, fruits such as strawberries are scarce on occasion because they grow only at certain times of the year. When the supply of strawberries is lower, they are scarce, or not always available. If enough people want strawberries when none are available, then the demand increases. And this demand is high not because the price is low but because the supply is low.
So if it wasn’t scarcity at all it would be perfect then. We wouldn’t worry about food, oil, energy sources, water etc.
But later I thought, human behaviour would change dramatically, we wouldn't worry for the quantities we used, consumed etc. For example, the use of car would increase so much, that pollution will also intensify and global warming might be something sure, unless we changed our habits. Values of things would also decrease, since there are a lot of supplies.
Then, scarcity could bring us a positive consequence, which is an awareness, and conscious that not everything is infinite, and we should care a propose solution for actual problems.
In contrast with other post of classmates, where without scarcity there would be no sense of life, I think that our incentives (living reasons) ARE ONLY GOING TO CHANGE, they would be different, but still there would be.
We would care about people and their wellbeing, we would focus on improving technology, and the development of it and how to use it wisely to take advantage of resources and energy sources as possible, also how to distribute such abundance of resources and the use of these intelligently in such a way that there will be no damage to the environment so everyone can end benefited from them. Education would also be considered fundamental.
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