Economic Awareness - Sectors of Indian Economy
Which of the following is NOT a consequence of scarcity?
Which of the following is NOT a consequence of scarcity?
medium Q7 of 15
Step-by-Step Solution
Step 1: Understand consequences of scarcity
Scarcity leads to making choices, prioritization of wants, and opportunity cost.Step 2: Identify what is NOT a consequence
Unlimited availability of resources directly contradicts scarcity and is not its outcome.Final Answer:
Unlimited availability of resources → Option DQuick Check:
Unlimited resources contradicts scarcity ✅
Quick Trick: Scarcity means limited, not unlimited resources.
Common Mistakes:
MISTAKES- Misunderstanding scarcity as abundance of resources.
Master "Sectors of Indian Economy" in Economic Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Economic Awareness Quizzes