Scarcity Quiz 12 (9 MCQs)

Quiz Instructions:

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1. When does scarcity occur?

2. According to an economist, which of the following would be considered "scarce" ?

3. In many undeveloped countries, the burden of managing the household water supply typically falls upon whom?

4. Which word means there is not enough of something?

5. _____ is the number of people who want or need something.

6. The main cause of economic problem is

7. Any object you can buy to satisfy a want

8. Occurs when the demand for water exceeds the available amount during a certain period or when poor quality restricts its use.

9. Which type of reason for economic growth is promoted through training on how to work more efficiently on the assembly line?