What gives rise to the problem of scarcity

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asked Feb 7, 2022 64.1k views

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Jo So · Answer 1 · 2022-02-12T13:21:32+0000

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Often scarcity is caused by a combination of demand and supply induced effects. A rise in demand, e.g. due to rising population causes overcrowding and population migration to other fragile ecological areas

What gives rise to the problem of scarcity

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What gives rise to the problem of scarcity