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Question

What is meant by energy crisis?


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Solution

Step 1: Energy crisis:

  1. The fast depletion of the non-renewable concentrated sources of energy is known as the energy crisis.
  2. Any severe blockage in the delivery of energy resources to an economy is referred to as an energy crisis.
  3. This term is frequently used in economics to refer to the scarcity of energy sources, particularly those resources that provide national electrical grids or are utilized as automobile fuel.

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