10. How does the level of development in a country impact responses to resource scarcity?(1 point)

Question

Responses

Less economically developed countries have more money to secure needed resources through trade.
Less economically developed countries have more money to secure needed resources through trade.

Less economically developed countries have money to invest in technology to better utilize available resources.
Less economically developed countries have money to invest in technology to better utilize available resources.

Economically developed countries have more money to secure needed resources through trade.
Economically developed countries have more money to secure needed resources through trade.

Economically developed countries don’t experience scarcity because they have lower levels of resource consumption.

Answer 1

The response that best addresses how the level of development in a country impacts responses to resource scarcity is:

Economically developed countries have more money to secure needed resources through trade.

This statement reflects the ability of economically developed countries to acquire resources through financial means and trade networks, which can influence their responses to resource scarcity. Less economically developed countries often face greater challenges in accessing resources due to limited financial means and infrastructure.