10.7k views
16 votes
What is the difference between a shortage and scarcity?.

1 Answer

3 votes

Step-by-step explanation:

shortage is when a particular thing is present for use but not up to what the person needs.

scarcity is when a thing or object ceased to be used or non availability of a particular thing for a particular period of time.

User Lucas Walter
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.