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- Economic growth and the prosperity of nations depends upon their access to energy. Without an assured supply of energy production is not possible. Fossil fuels have served as sources of energy for decades. However, in recent years some disadvantages associated with the use of fossil fuels has become obvious. Which of the below IS NOT and HAS NOT BEEN one of the drawbacks of using fossil fuels for the production of goods? Group of answer choices Fossil fuels produce less energy than the non-traditional sources of energy and thus are inefficient. Fossil fuels are associated with environmental damage and possibly even global warming. Fossil fuels are finite, and some day they will run out. Economies that possess fossil fuels such as oil and coal can control supply of these and hike up their prices, and thus deny access to these resources to some countries for political purposes.Explain how bioregional economics applies to greater resource productivity.Only in the short run and not in the long-run, humankind itself will be the one to benefit when environmental and ecological considerations are given serious and substantial consideration. true or false The classification of countries into three was changed into two: developed and developing. true or false
- Africa has high poverty rate and the a large amount of money is still used to import food items from overseas. #suggests ways private sectors can contribute to the growth of agriculture.Sustainability and Economic Growth Sustainability and uncertainty: - This is the time of unpredictability and uncertainty, as more efficient resources have been discovered, discuss with logical arguments about preserving the country resource for future is a rationale strategy.Agriculture is the backbone of Africa. But Africa has high poverty rate and the a large amount of money is still used to import food items from overseas. #suggests ways private sectors can contribute to the growth of agriculture
- discuss the impacts of modern discoveries as substitutes of conventional resources. This is the time of unpredictability and uncertainty, as more efficient resources have been discovered, discuss with logical arguments about preserving the country resource for future is a rationale strategy??In the Faustmann model, what factors determine the marginal benefits and marginal costs of allowing a stand of trees to continue to grow for another year, and therefore the dynamically efficient harvest interval?Some less-developed nations are unable to devote resources to various research and development projects. Attempting to increase their economic growth, sometimes they acquire pharmaceutical or technological goods and reverse engineer them to determine how they’re made, then sell them in domestic markets. Is it ethical and/or necessary to produce and sell a product without having developed it and not having a patent for the product? What could be the short run and long run consequences of such an action?
- Which of the following strategies of multinational companies is more likely to reduce costs? local responsiveness designing advertisements in multiple languages sending employees to foreign trips each year global integrationAll of the following are "pull factors" associated with land-grabbing in low-income countries except: “Unutilized” land being seen as readily available in many countries Cheaper prices for land in low-income countries Cheaper labor in low-income countries High production costs and rents in high-income countries A rural community in Malawi lives alongside a river but does not have the resources to pump the water for irrigation. Which of the following describes the situation of this community? Hydroshort Physical water scarcity Cultural water scarcity Economic water scarcity Which of the following is most likely true about a large-scale soybean farmer in Midwestern United States? This farmer sells to consumers in the local community This farmer relies primarily on manual labor for production This farmer grows Genetically Modified soybean that is herbicide-tolerant…Reasons why resource rich countries tend to grow slower as compared to resource poor counter paths