Question

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

O 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.

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

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

Answer 1

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

Explanation: Wealthier countries can afford to import scarce resources, invest in technology and infrastructure, and negotiate trade deals, while less-developed countries often lack the financial means to do so.