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Food versus Land - the debate about Solar

Graham Watson

28th April 2024

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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.

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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.