Our chosen environmental issue is resource depletion that occurs with the extraction of natural resources by the product market. In this discussion, we shall examine how resource depletion affects the relationship between the product market and the rest of the world or those outside Governments, Households, and Businesses.
The players in the product market that engage in direct resource depletion mainly include the Business sector. The manufacturers require raw materials from their environment to produce goods. Resource depletion occurs when they extract raw materials from natural sources.
These resource depletion activities by businesses in the product market also cause ecological degradation, and future generations are deprived of the resources because they are not replaceable.
Thus, when businesses in the product market use raw materials for production, they deplete natural resources, impoverishing the rest of the world.
Learn more about the product market and the rest of the world here: https://brainly.com/question/1273826