Most resources are nonrenewable, and wants and needs are unlimited. This is an example of
production
scarcity
labor
devaluation
Mark this and return
Save and Exit
Next
Submit
When the resources are limited and are non-renewable, they need to be managed in such a manner that they serve the necessities of the population for a long period of time.
When needs and wants are started to be fulfilled by putting non-renewable resources to use, there is a huge possibility of the emergence of the scarcity of resources, and eventually, their complete depletion.