ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True or False:Water scarcity is everywhere in the world
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -No, this is incorrect because the water shortage problem is faced by people who either live in rural areas or urban areas or any part of the world. So let’s write down the statement as false if let’s go to the third one. Water from rivers is the only source of irrigation in the face.

Detailed explanation-2: -Key facts. Four billion people-almost two thirds of the world’s population-experience severe water scarcity for at least one month each year. Over two billion people live in countries where water supply is inadequate. Half of the world’s population could be living in areas facing water scarcity by as early as 2025.

Detailed explanation-3: -Agriculture consumes more water than any other source and wastes much of that through inefficiencies. Climate change is altering patterns of weather and water around the world, causing shortages and droughts in some areas and floods in others. At the current consumption rate, this situation will only get worse.

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.

Detailed explanation-5: -Water scarcity refers to the situation where potable, unpolluted water is lower than the demand in a region.

There is 1 question to complete.