AS Paper 1, June 2024Introduction to Markets and Market Failure
AS Paper 1, June 2024, Q1(a)
With reference to the information provided, explain the distinction between renewable and non-renewable resources.
Short answerExplain3 marks
Context
Scarcity of non-renewable resources, such as oil, is a key reason why alternative resources have been developed by economies. In recent years, within the energy market there has been a large increase in the production of wind power.