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Food versus Land - the debate about Solar

Graham Watson

28th April 2024

The centrality of the fundamental economic problem - scarcity - is illustrated by this Reuters clip looking at increased competition for land in the American mid-West. Increasingly, high quality farm land is sought after, both for growing food and as a site for solar panels. So what's the best use of this land? It's a classic example of opportunity cost, and it also makes you wonder about what's the best use of this land.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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