Economic Scarcity
Economic water scarcity, meanwhile, is caused by a lack of investment in water or insufficient human capacity to satisfy the demand for water. Symptoms of economic water scarcity include a lack of infrastructure, with people often having to fetch water from rivers for domestic and agricultural uses. Large parts of Africa suffer from economic water scarcity; developing water infrastructure in those areas could therefore help to reduce poverty. Critical conditions often arise for economically poor and politically weak communities living in already dry environment.
Read more about this topic: Water Crisis
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“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
—Ernest Hemingway (1899–1961)