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

Responses

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

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

1 answer

The correct response is:

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

Economically developed countries often have greater financial resources, which allows them to access and secure necessary resources through trade and investment. In contrast, less economically developed countries may struggle with resource scarcity and have limited options to secure resources, invest in technology, or enforce trade agreements effectively.