Asked by Kiara Venegas on Apr 29, 2024

verifed

Verified

When diamonds are mined in conflict or war-torn areas, there is

A) more loss from auctioning off the resource.
B) minimal waste of this resource.
C) strong incentive for conservation.
D) strong incentive for overmining.

Diamonds

A form of pure carbon arranged in a crystal lattice structure, often used in jewelry and industrial applications because of its hardness and optical properties.

Conflict Areas

Conflict areas are regions where there is a high incidence of conflict, often involving violence, warfare, or political instability.

Overmining

The excessive extraction of minerals or resources, leading to depletion or significant environmental degradation.

  • Investigate the effects of overexploitation and vague property rights on the durability of resources.
verifed

Verified Answer

BH
Brent HymanMay 04, 2024
Final Answer :
D
Explanation :
When diamonds are mined in conflict or war-torn areas, there is often a strong incentive for overmining. This is because the parties involved seek to maximize their profits quickly, without regard for the long-term sustainability of the diamond supply or the environmental and social impacts of their mining activities.