Give the main factors of increasing scarcity
Answers
Answered by
2
Answer:
Demand-induced – High demand for resource.
Supply-induced – supply of resource running out.
Structural scarcity – mismanagement and inequality.
No effective substitutes.
Answered by
0
Answer:
Causes of scarcity
- Demand-induced – High demand for resource.
- Supply-induced – supply of resource running out.
- Structural scarcity – mismanagement and inequality.
- No effective substitutes.
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