Which of the following is an example of the connection between economic scarcity and economic development?(1 point)

Responses

A country with limited farmland imports most of its food.
A country with limited farmland imports most of its food.

A country with rich coal deposits invests in mining technology.
A country with rich coal deposits invests in mining technology.

A country with ample water resources suffers from a shortage of safe drinking water.
A country with ample water resources suffers from a shortage of safe drinking water.

A country with few forests suffers from a shortage of building materials.

1 answer

The example that best illustrates the connection between economic scarcity and economic development is:

A country with few forests suffers from a shortage of building materials.

This example highlights how the scarcity of a natural resource (forests for timber) can impact economic development, particularly in terms of construction and infrastructure.