ECONOMICS
SCARCITY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -3% of the earth’s water is fresh. 2.5% of the earth’s fresh water is unavailable: locked up in glaciers, polar ice caps, atmosphere, and soil; highly polluted; or lies too far under the earth’s surface to be extracted at an affordable cost. 0.5% of the earth’s water is available fresh water.
Detailed explanation-2: -Only about three percent of Earth’s water is freshwater. Of that, only about 1.2 percent can be used as drinking water; the rest is locked up in glaciers, ice caps, and permafrost, or buried deep in the ground. Most of our drinking water comes from rivers and streams.
Detailed explanation-3: -The bottom line is that the amount of water on the Earth and in its atmosphere remains constant as it goes through the water cycle.
Detailed explanation-4: -This inturn will lead to the end of the life because world without plants means no food, no oxygen, not enough rain and other innumerable problems. Therefore, it is true that water is a precious resource.