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Figures comparing growth in UK productivity consistently show us falling behind our major competitors. As Geoff highlighted in this recent blog, there are many underlying factors on the supply-side of the economy and one of them is infrastructure bottlenecks caused by, among other things, slow broadband speeds.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoHi! Im an eighth grader, and i study Economics at school. What is the meaning of Economic resources eh?
Answer: "Economic resources comprise of human beings and all other things which they use to produce the goods and services to satisfy human wants."
Is that good enough?
Wiki User
∙ 9y ago- A resource is free if it can produce all of the goods people want or need it to produce... and then some.
- A resource that can be used to produce consumer-satisfying goods and services without imposing an opportunity cost on society by preventing the production or consumption of other consumer-satisfying goods or services. Production using free resources often results in free goods.
Wiki User
∙ 11y agoits things like cars and other things u need to help u servive
Wiki User
∙ 11y agois it details in a state or city
Wiki User
∙ 11y agoassests
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A modern war called for the mobilization of all economic resources?
true
Economic growth occurs when more resources are available true or false?
True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced
A modern war called for the mobilization of all economic resources true or false?
A modern war called for the mobilization of all economic resourcestrue
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
A modern war called for the mobilization of all economic resources?
true
Economic growth occurs when more resources are available true or false?
True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced
A modern war called for the mobilization of all economic resources true or false?
A modern war called for the mobilization of all economic resourcestrue
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
Economic growth has caused the relative prices of most basic natural resources to increase true or false?
True - More demand equals higher prices
What are economic resources including natural resources and capital resources?
factors of productions
What categories do economists use to classify economic resources?
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
What is economic resource difficulty?
The main economic resource of difficulty is scarcity of resources.
What do you understand by basic economic problem?
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
What question must be asked about resources in an economic system?
How are the resources distributed?
What are the three types of resources of economics and why?
what are the 3 types of economic resources
