Answer:
In 1970 South Africa has more than 75% reserve of world gold under it soil but by 1985 it has depleted to 6%.
South Africa today has world largest reserve of platinum with over 78% in 2005.
In the same vein, South Africa has large deposit of Chromium.
Explanation:
In the case of gold, desperation and gold rush made them deplet their gold resources faster than necessary. The same mistake is being wittnessed in their Chromium reserve as China has bought over 50% of South Africa chrmlium deposite, thereby possing a great challange to the market South Africa used to dorminate.
Currently, South Africa is world largest miner of platinum. If restrain and coution is not applied, it is likely to deplet like gold in no distant time.
If South Africa is example of the world's leading producer of gold, chromium, and platinum, it is an example of scarcity and the choices every society must make about using resources because:
According to the given question, we are asked to show the example of scarcity which is shown by South Africa depleting their gold resources in the 1900s and how other countries can learn from it.
As a result of this, we can see that it is important to not make the same mistakes which South Africa made by depleting their gold reserves because of the mad rush which led to the depletion of gold.
The lesson there is that countries should place regulations so that their natural resources would not be depleted more than necessary
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https://brainly.com/question/12360291
