Economy, asked by miskarifas, 3 months ago

Outline the difference between scarcity and poverty with an example

Answers

Answered by pushpendrayadav12009

2

Answer:

Mark as brainlist please

Explanation:

Scarcity is when there are things for example resources but they are not enough while poverty is when there are no resources at all to be used in creating wealth. Example of scarcity is when the economy has less resources while example of poverty is when people are living below the living standards of the country.

Answered by mahek6827

1

Answer:

Scarcity is when there are things for example resources but they are not enough while poverty is when there are no resources at all to be used in creating wealth. Example of scarcity is when the economy has less resources while example of poverty is when people are living below the living standards of the country.

Explanation:

hi dear.....hope this helps

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