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What natural resources that are used to make goods and services are considered?
Wiki User
∙ 11y ago
labor
Wiki User
∙ 11y ago
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If a country has only a few natural resources it must do what?
IMPORT GOODS FROM LARGE COUNTRIES.
What type of social scientist primarily studies how people change resources into goods and services?
An economist
Are natural resources distributed evenly around the world?
Natural resources are distributed evenly among all nations
What are the Disadvantages of natural resources to developing countries?
Disadvantages of natural resources in developing countries are: - Source of inter communal crises in developing areas; e.g Irag and Iran - Deforestation; cutting down of trees for erection of structures and building with an aim of civilization. - Over population; emigration from rural areas to urban areas causing decongestion
What goods and services does a healthy biosphere provide to us?
it helps the earth be safe from gases
What are natural resources that are used to make goods and services considered?
labor
Natural resources that are used to make goods and services are considered what?
labor
Natural resources that are used to make goods and services are considered .?
labor
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
What are natural resources that are used to make goods and services?
labor
The resources used to make all goods and services are the?
factors of production
What are the 2 basic natural resources that economic systems allocate?
Money, goods & services
What is the Combining of human capital natural and entrepreneur resources to make goods and services?
An entrepreneur.
The initiative to combine natural human and capital resources to produces goods and services is an example of what kind if resource?
Entrepreneurial Resources
What is needed to produce goods and services?
Productive resources: Human, Capital, Natural, Management, Entrepreneurs, and Technology
Why do countries differ in their capacities to produce different goods and services?
Due to there capabilities by there natural resources and labor.
