The main reason is because there are more people and fewer Natural Resources, also more cars and electrical items are being used.
There is an increasing demand for Organic foods because people have learned that it is healthier than food grown with pesticides, so it is in high demand for healthier food.
Yes, the demand for gold is an exception to the law of demand because the cost of gold in increasing day by day and it became the best business metal so the business persons storing the gold and the shortage of gold is happening and income level of persons also increases so they are making afford to buy the gold though the price of the gold touching the heights. so gold is violating the law of demand
I think you're referring to a so called Running Inflation. Check the link for more information.
yes, because when government impose price ceiling, the supply will decrease,but demand will increase, it will cause shortage, so it causes wasted resources.
There are a number of factors that affect resource demand. Some of them include amount of labor, income prices of the related aspects, availability of the resources and so much more.
There is an increasing demand for Organic foods because people have learned that it is healthier than food grown with pesticides, so it is in high demand for healthier food.
The effects on national resources when more factories are being built to keep up with the demands of a fast growing population and industrialation is the resources become depleted. Often the demand on resources becomes so high that there is no time to allow resources to replenish.
The short answer would be supply and demand. As demand for the firms increase, they will experience increasing returns. Likewise, as demand decreases, so do their returns.
by using renewable resources
by using renewable resources
because of the demand for goods is growing so more and more Why_tertiary_sector_is_growingin the tertairy are opening up:(
world is facing energy crisis. and we are depending on few of many available energy resources that are expensive and are not environment friendly. on the other side energy demand is increasing day by day. so we use alternative sources of energy especially environment friendly sources( solar, wind. etc)
Because the people are using more natural resources and many of them are wasted carelessly so that's why the earth is depleting as fast as a rate.
Countries trade for raw materials that they need for energy and to manufacture products. Therefore, the more natural resources a nation has, the more it will prosper. Natural resources are very important. countries all over the world use natural resources for practically everything. buildings, cars,and everything that is man made.
Increasing populations require increasing amounts of water but water was already a scarce resource so increasing the demand for something there already is not enough of makes matters worse.
Yes, the demand for gold is an exception to the law of demand because the cost of gold in increasing day by day and it became the best business metal so the business persons storing the gold and the shortage of gold is happening and income level of persons also increases so they are making afford to buy the gold though the price of the gold touching the heights. so gold is violating the law of demand
The United States used its vast natural resources to industrialize so fast