Fill in the blanks to complete the passage about our needs and wants and the resources available to satisfy them.
On one hand __________, are almost always limited, while on the other hand ___________, are practiclly unlimited. We describe this situation by saying that a condition of __________exists, which leads to a resource _________problem.
Options:
1. our wants and needs
2. resources
3. allocation
4. scarcity
5. plenitude