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1. |
What are the different kinds of scarcity that you face in your daily life ?Identity their causes. |
Answer» If you are producer then you will face scarcity of raw material, if you are consumer you are facing scarcity of finished goods. Causes are -•For producer - scarcity skilled labour, Scarcity of technology, scarcity of resources (raw materials) , market etc. •For consumer - not having enough money to buy finished good. •common for both - scarcity of water, electricity, etc<br>Scarcity of water , scarcity of food , scarcity of electricity,scarcity of education, scarcity of technology,scarcity of sanitation etc<br>Plz answer the question | |