Scarcity is a basic economic problem which is faced by every society due to the fact that the wants if economic agents such as individuals, firms or the government is unlimited.
- Scarcity simply means when a particular thing is in short supply. Scarcity exists due to the fact that our wants are unlimited and there are limited resources to meet such wants.
- In the map above, it can be noted that only Japan has mineral resources while the other countries do not. Also, the scarcity that the United States faces are skilled labor and water.
In conclusion, if a country has some resources but they're not efficiently managed, it'll still bring about scarcity.
Read related link on:
brainly.com/question/4747543
Answer:
The initial force with which the ball was thrown
Explanation:
Answer:The object will float because it is less dense than the isopropyl alcohol
Explanation:
Answer:
Their purpose was to measure out a land purchase that Thomas Penn, the son and heir of William Penn, claimed his father had made from the Delaware fifty years earlier. ... According to this document, the amount of land would be measured by a day and a half's walk from an agreed upon starting point.
Answer:
Restrictive.
Explanation:
The Texas Constitution is made to be easily amended but at the same time is very restrictive in the powers it grants. Specific changes are are necessary and frequently made. It is quite different from the United States Constitution, because amending Texas Constitution is easy, but at the same time powers of state government are quite restricted.
This type of constitution is rooted in the different philosophical approach the makers of the constitution had about the role of the government.