ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When there is not enough water to meet demand
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When there is too much water
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When a country has lots of access to fresh water
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When a person has not running water in their house
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Detailed explanation-1: -water scarcity, insufficient freshwater resources to meet the human and environmental demands of a given area. Water scarcity is inextricably linked to human rights, and sufficient access to safe drinking water is a priority for global development.
Detailed explanation-2: -Water scarcity is a relative concept. The amount of water that can be physically accessed varies as supply and demand changes. Water scarcity intensifies as demand increases and/or as water supply is affected by decreasing quantity or quality.
Detailed explanation-3: -Loss of water due to leakages, excessive use of water for washing purposes, taps left open after use are some common sights that form the basis of the problem of water scarcity. Due to the large increase in population, the demand is much more than supply.
Detailed explanation-4: -Major Causes of Water Scarcity Climate change. Natural calamities such as droughts and floods. Increased human consumption. Overuse and wastage of water.
Detailed explanation-5: -Water is physically scarce in densely populated arid areas (for example Central and West Asia, and North Africa), with projected availabilities of less than 1000 cubic meters per capita per year. A study in 2007 found that more than 1.2 billion people live in areas of physical water scarcity.