carolinenicole carolinenicole
  • 03-01-2018
  • Social Studies
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What is using fewer resources than an economy is capable of using called?

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ahmedishaal ahmedishaal
  • 03-01-2018

Using fewer resources than an economy is capable of using called “Underutilization”.

This applies to a situation when the resources are not being utilized to their maximum potential. To simply understand it put it this way:

A PhD doctor in physics starts working as a waiter or any petty job compared to his qualification status.

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