Which of these views is consistent with a political economy approach to explaining scarcity in a capitalist system? Question 29 options: 1) Scarcity is produced by capitalism because of how capitalism relies on the exploitation of nature as a source of surplus value. 2) Scarcity in a capitalist system is solely a result of inadequate consumer demand and is not related to the exploitation of nature for surplus value. 3) Scarcity in capitalism is caused by excessive government intervention and regulations that hinder efficient resource allocation. 4) Scarcity is an inherent flaw in capitalism resulting mainly from the lack of technological progress and innovation