Economy, asked by Pritigiri4346, 1 year ago

What are the different kinds of scarcity that you face in your daily life?identify there causes?

Answers

Answered by Priyalaks
10

Scarcity is the root of all Economic problems

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Answered by sushmadhkl
0

Answer:

The different kind of scarcity that everyone face in their life are: water, healthcare, labor, fixed road and many others

Explanation:

When there is a shortage of resources or when those that are available cannot satisfy the demands that are currently being made, there is a state of scarcity. When a natural resource, good, or service is in short supply, there is scarcity. It frequently means that the current rate of usage of a natural resource is not long-term sustainable.

Different type of scarcity that every one face in their life are:

Water: occur as a result of defective or subpar maintenance of infrastructure, like as the water supply pipes in a city. Using water wisely when performing home tasks like taking showers, cleaning dishes, or watering plants can help preserve the natural resource's supply.

Healthcare: Hospital beds and healthcare staff are in short supply, which affects the healthcare sector. This is especially true when there is a healthcare crisis or a waiting list for specific operations and procedures.

Fixed roadways: Delivery delays can be caused by traffic congestion on the roads, and some cities or regions may frequently lack the land needed to expand trains or develop new roads.

Labor: You can have a labor shortage when there is not enough of a certain skill set, like doctors, nurses, teachers, pilots or engineers.

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