Question

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

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 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.

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.

Answer 1

[AI-generated answer — Bot GPT 3.5]

Ultimately, the level of development in a country impacts responses to resource scarcity by influencing the ability to invest in technology, utilize available resources, and secure needed resources through trade. Less economically developed countries may struggle to address resource scarcity due to limited financial resources, while economically developed countries have the financial means to adapt and respond effectively to scarcity. Additionally, economically developed countries may have lower levels of resource consumption due to more efficient utilization of resources and greater access to alternative sources.