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How can consumers address the challenge of scarcity of resource?

What are some of the ways in which consumers can address the challenge of scarcity of resource?

Answers


Raphael
1. Looking up for alternative sources of additional income.

2. Reducing family size/dependency ratio.

3. Lifestyle change to avoid unnecessary spending.

4. Engaging in production of simple items.

5. Restoration of used up resources.

6. Recycling of waste products.

7. Drawing up a scale of preference.

8. Rationing of resources.

9. Avoiding wastage by proper budgeting.

10. Exploring alternatives to current resources.

11. Securing resources.


raphael answered the question on January 6, 2017 at 13:07

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