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Classify the resources as scarce or plentiful. coal sunlight oil electricity seawater wind

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Coal, oil and electricity are classified as scarce resources whereas sunlight, seawater and wind are classified as plentiful resources.

Plentiful resources are those which are existing in very large quantities. Examples include water, wind, sunlight, etc. and water is the most plentiful resource among all.

Resource scarceness happens once demand for a resource is larger than the accessible offer – resulting in a decline within the stock of obtainable resources. This will cause unsustainable growth and an increase in difference as costs rise creating the resource less reasonable for those that are least well-off.

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