Question

In two to three paragraphs, compare and contrast how people have historically treated natural resources and how this might change, using your new understanding of scarcity, conservation, and private property.

Answer 1

Compare and contrast how people have historically treated natural resources and how this might change, using your new understanding of scarcity, conservation, and private property.

Answer: In the past people treated natural resources as an infinite source of wealth and commodity. But now that we know that there are physical limits to nonrenewable resources we have taken a new approach to preserve this resources by taking measures like natural resource management. A great example of this would be a private property regime where the resources benefits and duties fall under the owner(s).

I hope it helps, Regards.

Answer 2

The correct answer to this open question is the following.

Natural resources are non-renewable. People need to start acting responsibly to take care of the environment and not wasting valuable resources that will be much needed in the future.

In the case of water, there are countries and cities where people have to walk miles from their homes in order to get some fresh water for their families. We in the larger cities, just go to the faucet and drink and wast. That is not fair when poor people do not have this elemental resource.

We need to follow and respect conservation programs to protect the land and animals that give us the food we need. We order the food that we need and no more. No wasting. There are millions of people suffering too much hunger in the world.

And if we don't care about our limited resources, soon we will be facing scarcity of basic products. So let's be responsible and use only what we need.