Future shortages in natural resource markets are not expected to occur widely due to

Question

Quizplus · Accepted Answer

Reduced population growth would lead to less demand for natural resources, potentially reducing the likelihood of shortages. However, reduced hours at work and higher standards of living would likely increase demand for natural resources, while higher per capita consumption would directly contribute to depletion and potential shortages.

Future Shortages in Natural Resource Markets Are Not Expected to Occur