Ask Question
10 January, 21:22

Which statement is true

Inexhaustible resources are limited.

Only tangible goods are scarce.

Exhaustible resources are abundantly available.

Exhaustible resources are scarce.

Governments have unlimited money.

+5
Answers (1)
  1. 10 January, 21:50
    0
    "Exhaustible resources are scarce" - - that's the true statement.

    An exhaustible resource is something that once consumed cannot be replaced. Fossil fuels are an example of exhaustible resources. I suppose one could argue against an exhaustible resource being "scarce" if it seems like there's a significant supply of it in the ground to be mined or drilled.

    But scarcity is a relative term, and at the rate human societies today are consuming resources, the fact that such resources are limited and non-renewable means their ultimate quantities are limited. According to The World Counts, each year we remove and use an estimated 55 billion tons of exhaustible resources from the planet. The rate at which we are using up exhaustible resources has increased by 50% over what it was just three decades ago.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement is true Inexhaustible resources are limited. Only tangible goods are scarce. Exhaustible resources are abundantly ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers