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What are the different kinds of …

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What are the different kinds of scarcity that you face in your daily life ? Identity their causes.

Posted by Sneha Singh 5 years, 4 months ago

CBSE > Class 11 > Economics

3 answers

Ashu Jaiswal 5 years, 4 months ago

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

Yogita Ingle 5 years, 4 months ago

Scarcity of water , scarcity of food , scarcity of electricity,scarcity of education, scarcity of technology,scarcity of sanitation etc

Sneha Singh 5 years, 4 months ago

Plz answer the question

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