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.
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.
Less economically developed countries have money to invest in technology to better utilize available resources.
1 answer
The response that best captures 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 reality that developed nations often possess greater financial resources, allowing them to import necessary resources and invest in technologies that alleviate resource scarcity. Additionally, they tend to have better infrastructure and access to global markets.
