write two main factors of increasing scarcity of of natural resources
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Answer:
Growth in population. Growth in real GDP and incomes enabling people to consume more resources than before. Changes in preference, e.g. growth in demand for mobile phones, places greater demand on certain metals, like cobalt and nickel used in the production of lithium batteries. Increase.
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Answer:
Demand-induced scarcity
Growth in population.
Growth in real GDP and incomes enabling people to consume more resources than before.
Changes in preference, e.g. growth in demand for mobile phones, places greater demand on certain metals, like cobalt and nickel used in the production of lithium batteries. Increase.
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