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Economic growth is not primarily derived through the extraction of resources, is why. As we become more sophisticated, we learn how to make better and better u
by sonnyblarney 8y ago
Economic growth is not primarily derived through the extraction of resources, is why.
As we become more sophisticated, we learn how to make better and better use of resources.
Right now, we value some resources more than others. As we evolve, that dynamic shifts.
How valuable was Uranium ore 100 years ago? Well, it was just a kind of poisonous rock. Now it can power cities.
Freshwater was 'unlimited' 100 years ago, now it's a little more scarce so we have to put economic terms around it, meaning it'll be too costly for some industries which will adapt.
Etc. etc..