What is a typical effect of slowing economic growth and falling property values on the demand for raw materials used in construction, such as steel and iron ore?

💡 Explanation:

Slowing economic growth often means less industrial activity and consumer spending, while falling property values typically indicate a downturn in the real estate and construction sectors. Both factors reduce the need for new construction and manufacturing, thereby leading to a decrease in demand for fundamental raw materials like steel and iron ore.