The correct answer is - True.
The demand for resources is determined by the population and its size, as well as the industry and its functioning and development. As the population grows, the demand for resources also grows, and this is due to the basic needs of the people for survival, since more people need more water and more food. Also, apart from the basic resources for survival, the need for electricity increases, and for the production of it resources are needed in bigger number as the demand grows. As the population grows, there's a bigger labor force, and that is the basis for the industries to grow, but the industries will need larger supply of resources in order to function with a bigger capacity. As the industry grows, the trade and economy are on the rise since more products are produced and manufactured, so more income there is in the country. It is all a chain reaction to put it simple.