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Resources change in many ways in time and in response to consumers needs and wants. Technology has greatly increased in the production of goods and has made it possible to produce many more goods for cheaper prices.

Because of the ever increasing of population that all societies must face, resources have to be stretched and produce to fits the needs and wants of all the people. Therefore, firms need to figure out ways to produce more with the same amount of raw material.

Also, we can see that societies are moving more towards high-tech, high-fashion products, such as computers or luxury cars. For these products to be available different resources need to be made than producing clothes. New companies start to produce the microchips in the computer and develop the software. New companies start to install GPS systems into a lot of the new luxury cars.

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Q: How have resources changed along with societies increase in needs and wants?
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