Question

1. which of the following is a reason that natural resources are considered limited: *

the earth has certain boundaries
technology has advanced faster than training
people lack training or skills needed to do a job
some countries are unable to manufacture them

1. a gap between unlimited wants and limited resources creates a condition known as *

economics
scarcity
wants
resources

Explanation:

For question 27: Natural resources are limited because the earth has certain boundaries. Technology advancement (option 2) is about human - made progress, lack of training (option 3) is a human - capital issue, and inability to manufacture (option 4) is a production - related problem, not related to the natural - resource limitation.
For question 28: The gap between unlimited wants and limited resources is defined as scarcity. Economics is the study of how to allocate resources. Wants are what people desire, and resources are what are available.

Answer:

1. The earth has certain boundaries
2. scarcity