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An underutilization of a country's resources means what?
The maximum amount of the combination of goods that a country can produce given its available resources and technology. It represents the different choices or trade-offs that society faces.Means not using all the resources that you have.
When one country can produce a product more cheaply than another country. what can this be called?
When one country can produce a product more cheaply than another country this is called comparative advantage. When one country can produce more goods than another using an equal amount of resources, this is called absolute advantage.
Which country produce largest amount of mangoes?
India
What affects GDP?
Literacy rate, the amount of resources, and the country's wealth.
Definition of foreign capital?
Foreign Capital is the source,amount or amount of goods that is introduced in a host country by a foreign country. getting resources from another country or from outside the boundry of our country
How much salt does Bolivia produce?
they produce a normal amount of salt. no more than the next country does.
Which country has the most natural resources?
Russia is the country with the most natural resources. The main resources are gas and timber. The United States also has many natural resources, having the most amount of coal of any country in the world.
What are Kenya's natural resources in percentage?
Kenya's average income from natural resources totals 3.86%. The lowest average amount of income from natural resources was 2.3% in 1972Êand the highest amount was 6.12% in 1995. Coal, oil, salt and limestone are some examples of natural resources in Kenya.Ê
What is the Productivity impact and decline of natural resources?
Productivity is the average amount of produce per unit area.Data on input per unit area,energy consumption,cost per unit area,etc.are used to calculate productivity.
What country uses the most resources?
It is the US, they use almost 3 times the amount of their nearest rivals.
Average rainfall in England?
The amount of rainfall in England varies by region. However, the average amount of rain for the entire country is 33.7 inches, or 885 millimeters.
What is the average amount spent daily by a single woman?
The average amount spent daily depends heavily on what part of the world you are talking about, what country, and what stratum of society.
