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Are manufactured diamonds more valuable than mined diamonds?
Natural diamonds are more valuable than manufactured diamonds, most of which are made for industrial applications, not for use as gemstones.
Why are diamonds valuable resource?
Diamonds are considered a valuable resource due to their rarity, aesthetic appeal, and durability. They are formed under extreme pressure and heat deep within the Earth, making high-quality diamonds scarce. Additionally, their brilliance and hardness make them desirable for jewelry and industrial applications. The cultural significance and marketing, particularly through branding and engagement traditions, further enhance their value in society.
What does efficient resource allocation mean?
economic resources-land, labor and capital-will be used for their most valuable purposes.
What is more valuable diamonds and oil?
By weight, a gem-stone quality diamond is more valuable than oil.
What is more valuable gold or diamonds?
Gold.Gold is the most liquid of all, even cash. cash will loose value due to inflation. Diamonds do not have an absolute value - different valuers will value a particular piece differently. Gold on the other hand has an absolute value - which is generally not influenced by the exchange rates.If in a fit of need you will want to sell a diamond - you will not get its full value - but only the salvage value. if you need to sell gold you will get the full value.Another AnswerGiven exact weights of each element, diamonds will always be more valuable, in that its market price will always be higher.
Did Cleopatra wear diamonds?
Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.Probably not. In the ancient world, diamonds were not considered valuable as they are today. Pearls were the most valuable followed closely by emeralds.
What is Venezuela's most valuable resource?
Venezuela's most valuable resource is oil.
What stone is the most valuable?
diamonds
Are manufactured diamonds more valuable than mined diamonds?
Natural diamonds are more valuable than manufactured diamonds, most of which are made for industrial applications, not for use as gemstones.
What is the most valuable gem stone?
diamonds
Are black diamonds better than any diamonds?
Nope. Black diamonds are very valuable (and very beautiful in my opinion!) but it's red colored diamonds that are considered the rarest and the most valuable.
What is the most valuable resource of Finland?
The most important resource of Finland is timber.
What were the most valuable product from south America?
Diamonds
What are diamonds called ending with able?
Diamonds are VALUABLE
What is the most valuable resource in the Northeast?
coal
What is the southwest's most valuable resource?
it is cotton
What is California's most valuable resource?
Soil.
