Effects of Waste of Resources
When we waste available resources, we create shortage in our homes, schools and communities at large
When there is shortage, prices of goods and services go up. When we waste resources, the few left are sold at higher prices
Government’s expenditure increases because it must spend to make those resources we waste available again
There is a drop in productivity when there is shortage of resources. Industries cannot produce much when there is no electricity, water etc.
Wastage also leads to rationing. That is the little available resources must be shared