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What else can I help you with?
How can optimum allocation can solve the problems of scarcity?
um, scarcity isn't the problem, scarcity is the term used to define the finite nature of resources and the limitless wants of humans.
What is the problems of the scarcity?
production level decreases bit by bit.
What is the key to dealing with problems of scarcity?
If people were to take the amount of what they need instead of taking more than they need, then that would help the problem with scarcity.
What are the three main elements of the basic economic problems?
scarcity,choice ,demand
Can a rich country eliminate scarcity?
yea it has a very good chance
Scarcity in the Philippines?
Typhoon Haiyan in 2013 caused a scarcity of food and clean water in the Philippines. Electricity also became scarce in parts of the country.
Will economic problems ever disappear and if so why?
Scarcity is a fact of the universe. In other words, there's never enough of everything to satisfy all the needs and desires of everyone. (Unless we someday invent replicators like they have on Star Trek! In the fictional Star Trek universe scarcity no longer exists and there are no economic problems.) Because there is scarcity, there is economization. Not everyone gets to have everything they want, and economic problems will never disappear.
What problems might water scarcity cause for Meican citizens?
I dont know it is because it is water
Do rich countries experience scarcity?
In the longer term, being a rich country is a temporary condition which lasts a few generations only. After this, that country is certain to experience scarcity, whether by famine, plague or the sword - especially as rich countries tend to accumulate their share of social ills. England, for example, was a rich country at the beginning of the 1900's, and experienced war and scarcity during that century.
In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed?
By production for use or need.
What were the struggles that led russia to become a communist country?
Before the Russian Revolution of 1917, the country had suffered high inflation and food scarcity. The hardest hit of the very stratified Russia were the peasants. World War I made everything worse for the Russian people, thus highlighting the problems of the country and inefficiency of the then-Russian monarchy.
How might scarcity encourage international trade and make countries interdependent?
it will make the countries interdepent because they can team up and make more
