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Study the following picture: Identify and select the recent phenomenon in which demand for resources surpasses their supply. - Economics

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Question

Study the following picture:

Identify and select the recent phenomenon in which demand for resources surpasses their supply.

Options

  • Economic growth

  • Environmental crisis

  • Technological advancement

  • Cultural evolution

MCQ

Solution

Environmental crisis

Explanation:

The image shows heavy pollution with smoke-emitting industries, polluted rivers, and a dark sky, indicating overuse of resources and severe environmental degradation. This aligns with the phenomenon where demand for resources surpasses their supply, leading to climate change, deforestation, and pollution, which are key aspects of an environmental crisis.

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2024-2025 (February) 58/1/3
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