Increasing price of raw materials

Description

Increasing the price of raw materials is a strategic action aimed at managing resource scarcity, promoting sustainable consumption, and encouraging the development of alternatives. By raising costs, this approach discourages overuse, incentivizes efficiency, and supports investment in recycling and substitution. It addresses problems such as resource depletion and environmental degradation, while also fostering innovation in material sourcing and production processes to ensure long-term availability and responsible use of essential raw materials.