ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a way that we often deal with scarcity of an essential good like freshwater
A
conserve (use less & save) it
B
ration (divide what we have up and share smaller amounts of it)
C
use it all as quickly as we can
D
by a similar item (substitution)
Explanation: 

Detailed explanation-1: -The correct option is D Construction of dams.

Detailed explanation-2: -Solutions to addressing water shortages include dams and reservoirs, rainwater harvesting, aqueducts, desalination, water reuse, and water conservation.

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: -Overuse of water. Nowadays, the overuse of water is increasing day by day and people are using an extra amount than needed. Pollution of water. Conflict. Drought. Global warming. Groundwater pollution.

There is 1 question to complete.