Write a paragraph with these words : scarcity economics need want factors of production and capital

Economics is the study of scarcity. Scarcity exists because the society has unlimited needs and wants but the resources to satisfy these are unfortunately, not unlimited. That is why there is a certain cost to scarce things. The scarcer the thing is, the more its costs. Aside from scarcity, factors like production cost and capital affect the cost of a thing, commonly referred to as a good.

Acquiring english is a way of learning where you learn english by birth, this includes listening to your parents, brothers and sisters and on the whole learning it from the environment around you while mastering standard english need qualified institutes and teachers who make certain programs and syllabus to you master the standard english. this also can include a long session of academic studies before you can master the standard english.standard english is necessary for literary works, official usage and writing materials for standardized publications or when someone needs to speak publicly. in most cases the employers of a company also demand and like the use of standard english from their employees.