We can see from this that it is crucial to avoid making the same errors that South Africa did by exhausting its gold reserves as a consequence of the gold rush that caused the depletion of gold.
This is further explained below.
<h3>What is scarcity?</h3>
Generally, The underlying reality that there are only finite quantities of both human and nonhuman resources that can be used by the finest technological knowledge to generate only finite maximum amounts of any economic good is what is meant by scarcity as an economic term.
In conclusion, South Africa is the world's biggest producer of gold, chromium, and platinum, illustrating scarcity and the decisions any community must make about exploiting resources.
They require restrictions to prevent overusing their natural resources.
The inquiry asks how other nations may learn from South Africa's gold depletion in the 1900s. We can see that it's crucial not to make the same errors South Africa did by emptying their gold stockpiles during the gold rush.
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Answer:
no one knows for sure but most think it was caused by WW2. When WWII started the USA started sending supplies to the allied powers and making the economy boom. When the USA entered the war millions of men where sent to the UK and all the jobs and factories where filled and pumping out supplies and resources at full swing.
Representation is based on population, and the US has grown steadily.
Answer:
The interference of European nations
Explanation:
The ottoman empire collapsing after the first world War
