Scarcity. Scarcity is the basic economic problem that arises because people have unlimited wants, but resources are limited. Because of scarcity, various economic decisions must be made to allocate resources ... Economics.
Americans spend 58 minutes a day on their smartphones. New data from Experian Marketing Servicesâ SimmonsÂ® ConnectSM mobile and digital panel sheds light on the way smartphone users spend time using their phone, with the average adult clocking 58 minutes daily on their device. On average, smartphone owners devote 26% of the time they spend on their phone talking and another 20% texting. Social networking eats up 16% of smartphone time while browsing the mobile web accounts for 14% of time spent. Emailing and playing games account for roughly 9% and 8% of daily smartphone time, respectively, while use of the phoneâs camera and GPS each take up another 2% of our smartphone day. *Activities include use of a smartphoneâs native features dedicated to each activity ...
Researchers asked people to guess how much time they spend on phones. An app was then installed on their phones for two weeks to track usage. Study found the average person checks their device 85 times a day. This equates to around a third of the time a person is awake, and is twice as often as many of the participants realised.