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to get needs and wants you need to use the natural resources to make them

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16y ago

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How can natural resources affect a nation's economy?

without natural resources government cannot sustain the needs and wants of the consumers.


Are Natural resources any materials that humans obtain from the Earth to meet your wants and needs?

Natural resources are any materials that humans obtain from the Earth to meet our wants and needs.


What is one reason why the federal government wants Quebec to remain part of Canada?

the government needs the natural resources that Quebec has. Quebec is rich in natural resources and Canada needs all of them.


What do natural resources and man made resources have in common?

Both natural and man-made resources are used to fulfill human needs and wants. They are essential for economic development and daily life activities. Additionally, both types of resources can be depleted or exhausted if not managed sustainably.


What is the way people use resources to meet their wants and needs?

The way a nation determines how to use its resources to satisfy its people's needs and wants is called:


What occurs when there when there are limited resources but unlimited wants and needs?

Scarcity


How people satisfy their wants and needs by managing their limited resources?

People satisfy their wants and needs by making choices on how to allocate their limited resources such as time, money, and energy. This involves prioritizing between different needs and wants, budgeting resources efficiently, and making trade-offs to maximize satisfaction. By managing their resources wisely, individuals can work towards fulfilling their needs and achieving their desired outcomes.


What is the law of scarcity in economics?

Scarcity is the fundamental economic problem of having seemingly unlimited human needs and wants, in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. ...


How does needs and wants affect the ecology?

Needs and wants affect the ecology because it affects the ecosystem due to the transformation in order for human beings to achieve their needs and wants. Therefore, it needs to be regulated and closely monitored in order to avoid human abuse.


What is required to meet the changing wants and needs of people?

entrepreneurial resources


How do financial resources help fulfill needs and wants?

well it die


Is it true scarcity exists because there are limited resources to meet unlimited wants and needs?

Scarcity is the result of limited resources being available to satisfy the wants and needs of citizens. It is important for people to buy and store resources in bulk to prevent scarcity.