Which categories of goods used by ordinary people are most affected by scarcity? Use examples from two of these categories and explain how the scarcity of these goods might arise and how this scarcity would affect most people.

Categories of goods include non durable goods and consumer goods

Explanation:

Goods required and needed by ordinary people are mostly non-durable goods or consumer goods. These are perishable goods that don't last and are needed regularly such as food and clothes. If for instance there is drought, consumer goods such as rice or tomatoes become hard to grow and therefore become scarce. Also if there is an extreme economic problem brought about by war or natural human disasters like storms, capital for production of food or clothes become lacking therefore consumer goods or non-durable goods get scarce

d. low interest rates

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.