First, we have only limited information about the mass or composition of Halley's Comet, so we cannot give any even approximate value (on Earth) to the raw materials.
Second, like in real estate, location is everything; the ices and gasses may be relatively cheap of themselves, but they are already in space, and if we could capture it, it would save us the cost of lifting it out of Earth's gravity well.
Finally, a painting is a couple of bucks worth of cloth and paint; the value comes from the beauty of the thing. Ditto Halley's Comet; even if it were possible to capture the comet and convert it into an atmosphere for a space habitat, the sentimental value alone would make it impossible to do. Comets are plentiful; we can leave this one alone, like a historic building.
Natural Resources
it helps with trading and the value of our country
An advantage of Natural Resources would be the option for renewable resources.
Yes, depending on who is making the valuation. A builder might value wood over coal, while a driver might value oil over wood.
labor, capital, and natural resources
75.00
Production adds value to resources that already exist, by creating useful products.
Yes. However, except for state park fees, the State of Arkansas does not participate in the commercial value of this natural resource.
Natural resources are essential for meeting our basic needs and supporting economic activities. They provide us with food, water, energy, and materials for construction and manufacturing. Additionally, natural resources can have cultural and recreational value, contributing to our overall well-being and quality of life.
No, money is not considered a physical resource in the same way that natural resources like water or minerals are. Money represents a medium of exchange that facilitates transactions and the allocation of physical resources. It does not have intrinsic value like physical resources do.
Discounting means the proceedure by which we find the present value of future benefits. If the discount rate is low then the availability of resources in future is moreIf the discount rate is high then the availability of resources in future is less .ie. faster will be the depletion of natural resources leaving less for future generation
The process of transforming natural resources into finished products is called manufacturing. This involves various steps, including extraction, processing, and assembly, where raw materials are converted into usable goods. Manufacturing can encompass a wide range of industries and techniques, depending on the type of resources and products involved. Ultimately, this process adds value to natural resources by creating products that meet consumer needs.