0
In some geographies, yes, diamond is a major resource.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What are the three major type of economic resource?
gas
What is a mono economy?
a mono-economy is a economy relying on one major export or natural resource to bring most of the currency into the country.
Who buys diamonds from south Africa how much do they pay how do they get the diamonds there and why are they buying diamonds?
Diamonds are a commodity. South Africa is a major contributor to the diamond industry, based on its diamond mining operations. Raw diamonds are purchased according to their grade and size. People involved in the diamond business make profits.
How much do higher gasoline prices contribute to inflation?
It's the contrary, inflation contributes to higher gasoline prices. But not so much as everybody thinks. The major cause for increasing gasoline prices is the resource. Less resource for higher demand, higher prices
What are the major problems in karnataka?
Regional Imalance - skewed development in southern karnatakaWater scarcity - both drinking water and water for agriculturePower scarcityImproper resource management
Is a diamond a resource?
yes
Is diamond a nonrenewable resource or a renewable resource?
non-renewable
Is Diamond a natural or man made resource?
A diamond is natural resource, and a diamond can be made from ashes of cremation, plus diamonds can be 'made' in a well-equipped lab.
What is Nevada's major resource?
mining is Nevada's major resource
Is diamond a renewable resource?
No. Diamond is a natural resource, which is harvested and commodified, like oil or coal or natural gas taken from the earth.
Why is diamond a scarce resource?
'Scarce resource' implies that the resource is uncommon, rare and hard to find, all of which is true for the mineral diamond. As to why diamond is scarce, that's a Mother Nature question, and she's not answering questions here, sorry.
Is a diamond water resource?
No. There is no water in diamonds.
What is the most valuable resource on minecraft?
Diamond
What is Arizona's most valuable natural resource?
Diamond
Is a diamond a renewable or nonrenewable resource?
non-renewable
Is diamond the world's most valuable natural resource?
no
What is a primary resource of South Africa?
Their Diamond mines.
