Discussion topics: a) Who should have access to a country\'s metals-is the free
ID: 290091 • Letter: D
Question
Discussion topics: a) Who should have access to a country's metals-is the free market the best way to decide how metals are distributed? b) What are the implications of finite mineral supplies? How should we address impending shortages? c) How can we replace common materials (e.g., copper or steel)? What are the trade-offs in doing so? d) Take several resources (good ones are oil, coal, iron, and phosphorus) and several countries (US, China, Japan) and ask the class to examine how unequal distribution of these resources might affect the future growth of these three countries. e Discuss examples of superfund sites related to historical mining. Have a discussion of who should bear the costs for cleanup of these contaminated sitesExplanation / Answer
a) The Governing body of the country and the other assigned supreme authority should keep be very constant on the country metals. Free marketing comes with several disadvantages that is there is unequal distribution of economy, and in free marketing the increase in pollution is common, but along with it there is also advantages that the efficiency is increases, because in free marketing the competition is hard, and they try their best to achieve and also increases economic growth rate. Still we can't lean totally on either side, free marketing along with surveillance of government may work best.
b) Finite mineral supplies shows that the mineral we use are finite, and once they run out, then our new product from that mineral will even run low with the passage of time and hence we get unable to make new product as there is no parent mineral. And the rate for the left portion will be extremely high.
Minerals are non renewable, thus we can't sustain it back ,once its depleted. The fulfillment of shortage can be made through .the processes like Recycling, and by making public aware about the depletion and consequences of the depleted mineral.
c) Replacement of this minerals is hard, as they are a key minerals to our life, still we can sustain it for the further use, for example aluminium can be used instead of copper in long transmission line, and even when a mine is depleted , it can be still recycled for the mineral.