A pronoun problem

Question

A pronoun problemThe quotation below comes from Rediscovering Gandhi By Anil Dutta Mishra.https://books.google.co.kr/books?id=jlEP8z_mTGcC&pg=PA177&lpg=PA177&dq=%22Nature+shrinks+as+capital+grows.+growth+of+the+market+cannot+solve+the+very+crisis+it+creates%22&source=bl&ots=mYVxTEHpsj&sig=fXl5Zb1Xcet-ahHJ_dDgZk-pARM&hl=en&sa=X&ved=0ahUKEwiI_Zn6wKTLAhWBPpQKHS1LC5gQ6AEIOjAH#v=onepage&q=%22Nature%20shrinks%20as%20capital%20grows.%20The%20growth%20of%20the%20market%20cannot%20solve%20the%20very%20crisis%20it%20creates%22&f=false“Nature shrinks as capital grows. The growth of the market cannot solve the very crisis it creates.”?I'd like to ask a question regarding what the underlined 'it' represents?I have my answer, that is, it refers to 'the market'.Am I right??But I cannot rule out the possibility that it stands for 'the growth of the market'.Is it also possible that it refers to 'the growth of the market'?Regards.

Teechr · Accepted Answer

It refers to "the growth of the market."

Stenka25 · Answer

Thanks a lot as always, teechr<img class='emoticon' style='Width:19px;Height:19px;' data-delaysrc='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/1.gif' src='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/1.gif' alt='Emotion: smile'/>

Teechr · Answer

You're welcome. <img class='emoticon' style='Width:19px;Height:19px;' data-delaysrc='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/10.gif' src='https://uat-englishforward-forums-backend.s3.us-west-2.amazonaws.com/Emoticons/10.gif' alt='Emotion: embarrassed'/>

A pronoun problem

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