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29 July, 09:27

Does this "richest man in the world" face scarcity, or does scarcity only affect those with more limited incomes and lower net worth?

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  1. 29 July, 12:49
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    Even the richest man in the world face scarcity.

    Explanation:

    'Scarcity' is the shortage or insufficiency or lack of anything. We known that scarcity almost always affect people of low income growth, but is that the case with the most wealthy person as well? The answer is most certainly yes.

    The most richest person who has a net worth of Billions also faces scarcity. This is mainly because their wants exceeds the resources.

    Wants of a person is always greater in number. The relationship between human want and the availability of those resources is what makes the difference. So whether rich or poor, there's no person who is not touched by scarcity.
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