What are two causes of scarcity?

Question

Social Studies

Claudia Dorsey

10 November, 08:53

What are two causes of scarcity?

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Answers (2)

Know the Answer?

Julissa Santos · Answer 1

Either an increase in demand or a decrease in supply of goods and services.

Sage Dean · Answer 2

The causes of scarcity can be due to a number of different reasons, but there are four primary ones. Poor distribution of resources, personal perspective on resources, a rapid increase in demand, and a rapid decrease in supply are all potential scarcity causes.