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MGT610 GDB Solution Spring 2012

Resource depletion has become a serious concern for humanity, as resources are becoming scared. How resources are depleting and what possible steps can be taken in this regard? Discuss

Solution:

Resource depletion is an economic term referring to the exhaustion of raw materials within a region. Resources are commonly divided between renewable resources and non-renewable resources.

Resources are depleted according to their types and nature

Possible Steps that can be taken :

  • Proper Allocation of Resources
  • Maximum Utilization of resources
  • Utilization according to the nature
  • Decrease the scarcity of resources

 

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  • Rehan

    Thank you so much. At least some one is there to help… 🙂