Which of the following is an example of the connection between economic scarcity and economic development?(1 point) Responses 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 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 few forests suffers from a shortage of building materials.

Question

Which of the following is an example of the connection between economic scarcity and economic development?(1 point) Responses 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 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 few forests suffers from a shortage of building materials.

Answer 1

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

A country with limited farmland imports most of its food.
A country with rich coal deposits invests in mining technology.
A country with few forests suffers from a shortage of building materials.

All four options demonstrate the connection between economic scarcity and economic development. In each case, a country is facing scarcity in a specific resource, which leads to a need to invest in development strategies or import resources to meet the demand.