Scarcity is a common feature of both developed and developing economy. Still, economising of resources is more important conutries as compared to developed countries? Do you agree?

Scarcity is a common feature of both developed and developing economy.

1.	Scarcity is a common feature of both developed and developing economy. Still, economising of resources is more important conutries as compared to developed countries? Do you agree?
Answer» <html><body><p></p>Solution :Yes, I agree with the given <a href="https://interviewquestions.tuteehub.com/tag/statement-16478" style="font-weight:bold;" target="_blank" title="Click to know more about STATEMENT">STATEMENT</a>. Developing <a href="https://interviewquestions.tuteehub.com/tag/countries-936897" style="font-weight:bold;" target="_blank" title="Click to know more about COUNTRIES">COUNTRIES</a> <a href="https://interviewquestions.tuteehub.com/tag/need-25476" style="font-weight:bold;" target="_blank" title="Click to know more about NEED">NEED</a> more resources as compared to the developed countries. As the resources are scarce, the developing countries should <a href="https://interviewquestions.tuteehub.com/tag/make-546668" style="font-weight:bold;" target="_blank" title="Click to know more about MAKE">MAKE</a> efficient and <a href="https://interviewquestions.tuteehub.com/tag/optimum-1137708" style="font-weight:bold;" target="_blank" title="Click to know more about OPTIMUM">OPTIMUM</a> use of available resources.</body></html>