Do poor people and rich people also face scarcity? why?

Question

Do poor people and rich people also face scarcity? why?

Answer 1

Yes...they all face the same thing but the degree is diffrent for them.Poor people basically try get their basic need met that os food cloth & house.While rich people have their targets like that of luxury items.

Answer 2

yes, because of demand and supply ....

Answer 3

Every one faces the problem of scarcity. Because if there is nothing to be produced, there won't be anything to have. For example, if there is a shortage of crop due to a natural disaster, the farmers will not have the produce to sell; like the current shortages in the supply of rice. So scarcity steps in. Rich or poor, we need to eat rice, which is the main staple of food.

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