Economics Supply And Demand Questions
Water scarcity refers to the situation where the demand for water exceeds the available supply. It occurs when there is insufficient water to meet the needs of a particular region or population. Factors contributing to water scarcity include population growth, climate change, pollution, and inefficient water management. Water scarcity can have severe consequences, such as limited access to clean drinking water, reduced agricultural productivity, and environmental degradation. It is a significant global issue that requires sustainable water management practices and conservation efforts to ensure the availability of water for future generations.