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Scarcity plays a key role in economic theory, and it is essential for a "proper definition of economics itself". "The best example is perhaps Walras' definition of social wealth, i.e., economic goods. 'By social wealth', says Walras, 'I mean all things, material or immaterial (it does not matter which in this context), that are scarce, that is ...
Water stress is the ratio of water use relative to water availability and is therefore a demand-driven scarcity. [1] Water scarcity (closely related to water stress or water crisis) is the lack of fresh water resources to meet the standard water demand. There are two type of water scarcity. One is physical.
A peak or projection from the top of a hill or mountain, or any rounded protrusion of land, especially a small but prominent or isolated hill with steep sides; a boulder or an area of resistant rock protruding from the side of a hill or mountain. The term is used primarily in the southern United States. [5] knoll.
N. nadir. narrows. Also narrow. A land or water passage that is confined or restricted by its narrow breadth, often a strait or a water gap. nation. A stable community of people formed on the basis of a common geographic territory, language, economy, ethnicity, or psychological make-up as manifested in a common culture. national mapping agency.
Competition law. Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial ...
Physical geography (also known as physiography) is one of the three main branches of geography. Physical geography is the branch of natural science which deals with the processes and patterns in the natural environment such as the atmosphere, hydrosphere, biosphere, and geosphere.
A similar definition of water security by UN-Water is: "the capacity of a population to safeguard sustainable access to adequate quantities of acceptable quality water for sustaining livelihoods, human well-being, and socio-economic development, for ensuring protection against water-borne pollution and water-related disasters, and for ...
Geography as. an academic discipline – a body of knowledge given to − or received by − a disciple (student); a branch or sphere of knowledge, or field of study, that an individual has chosen to specialize in. Modern geography is an all-encompassing discipline that seeks to understand the Earth and its human and natural complexities − ...