ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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“Droughts are a natural process that have occurred throughout history. The effects of prolonged drought often depend on both severity and how people react to them.” (Paragraph 4)
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“In Ranipet, India, leather tanning wastes contaminate groundwater with the chemical hexavalent chromium, leading to water that residents say stings like an insect.” (Paragraph 6)
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“Chernobyl, Ukraine, the infamous site of a nuclear meltdown, still has contaminated water because of that meltdown.” (Paragraph 8)
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“Water is more important for survival than food, and global access to water is a fundamental human issue.” (Paragraph 9)
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Detailed explanation-1: -Water scarcity is a natural as well as a human-induced phenomenon. For many countries, water scarcity represents the most pressing challenge to socio-economic and human development at large.
Detailed explanation-2: -Water is at the center of economic and social development; it is vital to maintain health, grow food, manage the environment, and create jobs. Despite water’s importance, globally, 2 billion people lack access to safely managed drinking water and 3.6 billion people lack access to safely managed sanitation.
Detailed explanation-3: -Major Causes of Water Scarcity Climate change. Natural calamities such as droughts and floods. Increased human consumption. Overuse and wastage of water.
Detailed explanation-4: -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. Some 700 million people could be displaced by intense water scarcity by 2030.