what two factors contribute to scarity ?
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Factors for contribute to scarcity-
- Poor Distribution of resources- If we generate energy or light from wind or water by making dams and produces large amount of energy but we cannot transfer it to the low peoples or the people who lives in backward areas where light supply is irregular but they need light or energy to do some work.
- Rapid increase in demand- Needed but scarcity. By the example petroleum we all need petroleum as for daily purposes or for machinery but it does not get to all peoples for work.
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