is the practice of obtaining and holding resources in quantities greater than needed for one's immediate use.

Profiteering

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Hoarding

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Smuggling

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Black marketing

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Solution

The correct option is B Hoarding
The term hoarding may include the practice of obtaining and holding resources to create artificial scarcity. This reduces the supply and increases the prices, and the resources can be sold to customers for profit. Due to speculation of prices or simply rumours, businessmen and consumers buy more than what is required. This is called hoarding.

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Balancing the need to use resources and conserving them for the future is called

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