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21 February, 23:57

Suppose that the hypothetical country of Andesland suffers from chronic scarcity of its staple grain, quinoa. True or False: The country of Andesland must be a developing country, since scarcity is not a problem in developed countries.

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  1. 22 February, 00:10
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    False

    Explanation:

    Scarcity refers to a state wherein the resources available in a nation are not enough to satisfy the wants of it's people. Scarcity is less pronounced in developed nations, yet it exists.

    For instance, water scarcity is common to both developed and developing nations. A nation may be really abundant in one resource say oil reserves and yet very deficient in other resources, which it needs to import to satisfy the wants of it's people.

    In the given case, Andesland suffers from chronic scarcity of Quinoa. Merely on this premise, Andesland cannot be characterized as a developing nation as Scarcity is common to both developed and developing nations.
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