Which of the following serves as a basis for doomsday forecasts?
A)Crowding out.
B)The price mechanism.
C)Resource constraints.

Question

Quizplus · Accepted Answer

Resource constraints refer to the idea that there are limited resources available on Earth, and eventually, we will run out of these resources. This serves as a basis for doomsday forecasts because if we don't find alternative sources of energy and ways to sustainably use resources, we may face catastrophic consequences such as food shortages, environmental degradation, and societal collapse. Crowding out and the price mechanism do not necessarily relate to doomsday scenarios.

Which of the Following Serves as a Basis for Doomsday