Question

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

Less economically developed countries have less money to invest in technology or secure needed resources through trade.