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How can the presence or absence of natural resources and arable land affect a nation's economy?
That's like asking how can the presence of lungs and other vital organs affect life if their was no air being breathed by a human. The organs, like resources, are nice, but do nothing without air or an economic system to power them. Natural Resources are neither sufficient or necessary for economic development in any one particular country. Economic systems explain why resource rich Nigeria is dirt poor, while resource scarce nations like Japan are filthy rich. However, if all nations had the same economic system, then the nation with natural resources would of course be richer in real terms. The textbook explanation is that resource presence increase a nation's Long Run Supply, or Production Possibilities. However, there is no guarantee that the nation will actually put these resources to use, and fulfill their potential economic development.
How can overconsumption in one country affect the resources of another?
Overconsumption in one country can lead to increased demand for resources that may be sourced from other nations, putting pressure on their ecosystems and depleting natural resources. This can result in environmental degradation, loss of biodiversity, and economic instability in resource-rich countries. Moreover, it can create inequities, as local populations may struggle to access essential resources needed for their survival due to export demands. Ultimately, overconsumption can exacerbate global inequalities and contribute to geopolitical tensions over resource access.
How are capital resources different from other resources of production natural and human resources?
how are capital resources different from the other resources of production natural and human resources
How do prices help allocate resources between markets?
Prices help allocate resources between markets by serving as signals that indicate the relative scarcity or abundance of goods and services. When prices rise, it signals that a particular resource is in high demand and encourages producers to allocate more resources towards producing that good or service. Conversely, when prices fall, it signals that a resource is less in demand and may prompt producers to reallocate resources to other markets where they can earn higher profits. In this way, prices play a crucial role in efficiently allocating resources across different markets based on consumer preferences and market conditions.
Why do you want to study human resource management?
Someone would want to study human resource management for many different reasons. If they are good at managing things and directing other people then this would be a good study program for them.
How can one resource when used affect other resources?
no plase no no no no no then no no no no no no
Which resource is not a type of natural resource a reusable resource b renewable resource c remarkable resource d nonrenewable resource?
c remarkable resource. Remarkable resources are not a recognized category of resources. The other options are known types of resources: reusable resources can be utilized multiple times, renewable resources can be replenished over time, and nonrenewable resources are finite and cannot be easily replaced.
What are input resources?
Components that define how to get information needed within other components are input resources. A file system resource reads the information from files on the file system. Input resources include HTTP resource, subversion resource, and classpath resource.
Is oil a resource in Canada?
Yes, oil is a resource in Canada. There are many other resources also.
Why are natural resources interdependent?
Natural resources are interdependent because they often rely on each other for their existence or sustainability. For example, water is essential for the growth of trees, which in turn provide oxygen and regulate the climate. Additionally, the availability of one resource can affect the distribution and usage of other resources in an ecosystem.
What is resource partition?
Resource partitioning is an evolutionary way for species to deal with competition for resources with other species. Species evolved in a way that allowed them to divide resources with other species to ensure their survival.
What is a subject index?
an information resource that contains references to other resources
What is a resource often exchanged for other resources?
Money is a common resource exchanged for other resources in transactions. It serves as a medium of exchange that facilitates the trading of goods and services between individuals or organizations.
What are some resource to help us find answers to our questions?
Answers.com is one resource. Other resources are libraries, and the internet.
How is human resources different from other resources in an organization?
Because it is human from whose skill and knowledge that changes something into a resource.
Which is not a land resource the wind a forest iron soil?
The wind is not a land resource; it is an atmospheric resource. The other options, forest, iron, and soil, are all land resources.
How does the uneven distribution of natural resources affect world trade?
The uneven distribution of natural resources can create dependencies between countries, leading to imbalances in trade relationships. Countries with abundant resources have leverage in trade negotiations, while resource-poor countries may become reliant on imports, impacting their economies. Additionally, resource-rich countries may experience volatility in their economies due to fluctuations in resource prices on the global market.
