2. according to the text, capitalism does require a constant expansion of commodity production, and this expansion frequently collides with the fact that that the world has finite resources. t/f

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30-11-2022
Business

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2. according to the text, capitalism does require a constant expansion of commodity production, and this expansion frequently collides with the fact that that the world has finite resources. t/f

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Qwcircle Qwcircle · Answer 1 · 2022-12-02T22:31:53+01:00

The given statement is True. Capitalism does require a constant expansion of commodity production and is frequently in collision with the fact that there are only finite resources for expansion.

It is very evident that Capitalism is the fundamental factor for the growth of a sector or an industry, but this is based totally upon a constant expansion of commodity production. But this expansion process due to capitalism is frequently in collision with the fact that there are only finite resources in the world that can be used for Capitalization. Since Capitalism depends on resources, it always has been a major problem for resource sustainability for the future.

Hence, the statement is True.

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