How Does Nanotechnology Relate to Resource Scarcity?
Resource scarcity refers to the limited availability of essential raw materials needed for various industries. Nanotechnology can both exacerbate and mitigate resource scarcity issues. For instance, the demand for rare earth elements and specific metals used in nano-scale devices can increase resource strain. Conversely, nano-structured materials can enhance the efficiency of resource use, thereby reducing overall consumption.
