answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How does scarcity relate to the need for a rationing device?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Need a sentence for scarcity?

There was a scarcity of water in the desert.


Can you compare the relationship between scarcity and the need for choices?

They imply each other and is a necessary consequence. When there is scarcity, in which the resources avaible are not enough to satisfy the human wants, people will need to make choices. So, scarcity will inevitably lead to the need for choices, although the scarcity problem will not be resolved even one has made their choice.


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 is scarcity?

The noun 'scarcity' is a word for not enough to satisfy what is needed; the resources are finite, cannot meet the need, which is infinite.


Why do we need rationing?

i don't know your post to be the 1 to tell me


What is an antonym for the word plenty?

An antonym for the word "plenty" is "scarcity" or "lack".


Not having enough resources to satisfy every need?

scarcity


What are the characteristics of scarcity?

Scarcity is limited resources of land, labor, and capital. When there is scarcity it leads to giving up wants in order to have what is needed. Sometimes giving up needs in trade for another need is required to survive the scarce resources.


Why is the idea of scarcity a starting for thinking economically?

Scarcity is a starting point in thinking economically because people need to know how to get themselves out of tough financial situations. In order to be fiscally successful, they must plan for times of scarcity.


What are the synonyms of drought?

lack, deficiency, scarcity, need, want, dryness


How does rationing affect World War 2 soldiers?

It provides them with food they need to fight


Why is the idea of scarcity a starting point for thinking economically?

Scarcity is a starting point in thinking economically because people need to know how to get themselves out of tough financial situations. In order to be fiscally successful, they must plan for times of scarcity.