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Silver and oil are some of them
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∙ 12y ago
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How can the value of resources change over time?
It would depend on the demand for those resources,great the demand the more the market can hike the price.
How can the value resources change over time?
It would depend on the demand for those resources,great the demand the more the market can hike the price.
What natural resource does mexico have that the us doesn't?
In fact the US has more resources than Mexico; it however has such demand of strategic minerals like oil, silver or molybdenum, that it imports such resources from other countries. One of them is Mexico.
Explain how the market system allocates scarce resources?
Scarce resources are usually allocated to a given market system based on the demand. In most cases the resources are usually assigned to markets that have a great demand.
Why was Mexico considered a great prize?
Its natural resources. See related questions.
What are A-biotic resources?
all non living resources are known as abiotic resources. for example, land, water, minerals etc. the abiotic resources are not renewable except water which is in exhaustible. these resources are in great demand for the development of various industries.
When a population grows the demand for resources?
limited resources
How can you put this phrase into your own words Mexico is a country with great problems and great potential it is rich in natural resources like oil silver copper and agricultural products?
Mexico, although it has many problems, also has great potential because of the natural resources it possesses including: oil, silver, agricultural products, and copper.
Do you have sufficient resources to meet the world Demand?
My resources are limited
What is the science that manages limited resources in demand?
economics
What are scarce economic resources?
Resources that are limited and in demand are scarce, and therefore have a cost.
What impact does human population growth have on water resources?
if a country or province has a lot of resources, and people move there to get those resources, the people having to get the resources have a higher demand, and they find it difficult to get more resources
