How have technical and economic development led to more consumption of resources ?
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Technological and economic development leads to more consumption of resources because :
An improvement in technology leads to an increased production thereby making use of more resources.Technological development also leads to reduction in the cost of production therefore the product is sold at a cheaper cost.This cheaper cost induces the buyer to buy more amount of this product which further increases the production and the use of resources.Economic development provides a conducive environment ofr the technology to flourish.....
hope it helps
An improvement in technology leads to an increased production thereby making use of more resources.Technological development also leads to reduction in the cost of production therefore the product is sold at a cheaper cost.This cheaper cost induces the buyer to buy more amount of this product which further increases the production and the use of resources.Economic development provides a conducive environment ofr the technology to flourish.....
hope it helps
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