Question

True or False:

Suppose that the hypothetical country of Kernaland suffers a chronic scarcity of its staple grain, corn.
Kernaland must be a developing country, since scarcity is not a problem in developed countries.

Answer 1

Kernaland must be a developing country since scarcity is not a problem in developed countries is a FALSE statement.

Explanation:

• In most countries in the world, scarcity of some or the other commodity does arise at some point of time owing to the climatic conditions, internal social, economic, or political crisis, contemporary global market conditions, etc.
• Irrespective of whether the country is a developed country or a developing country, some scarcities are difficult to manage and cannot be ceased from surfacing.