Resource scarcity refers to the limited availability of essential resources, such as water, minerals, and energy. This situation arises when demand for these resources exceeds their supply, leading to competition and potential conflict. Factors contributing to resource scarcity include population growth, environmental degradation, and unsustainable consumption patterns.
As resources become scarcer, societies may face challenges in meeting basic needs, which can impact economic stability and social well-being. Solutions to address resource scarcity often involve improving efficiency, promoting sustainable practices, and investing in alternative resources, such as renewable energy sources like solar power and wind energy.