How does the level of development in a country impact responses to resource scarcity?(1 point) Responses 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. Economically developed countries don’t experience scarcity because they have lower levels of resource consumption.

1 answer

The correct response would be: Economically developed countries have more money to secure needed resources through trade.

This statement reflects the reality that economically developed nations typically have greater financial resources, enabling them to engage in trade and purchase resources that they may lack. In contrast, less economically developed countries often face challenges in securing resources due to limited financial means, which can make responding to resource scarcity more difficult.