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Is money an economic resource

Updated: 4/28/2022
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13y ago

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No, because money produces nothing.

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13y ago
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Q: Is money an economic resource
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Is money a resource?

A resource is an economic or productive factor required to get things done. Money is certainly a resource, however, it is not a natural resource like water or lumber or minerals; it is an artificial social construct, however, it certainly is useful. because MONEY MAKES THE MARE GO. & A LIGHT PURSE IS A HEAVY CURSE.


Is land an example of an economic resource?

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What is economic resource difficulty?

The main economic resource of difficulty is scarcity of resources.


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What is economic depletion of a resource?

The cost of further extraction will exceed the value of the resource.


Why isn't money considered a capital resource?

Money IS a capital resource.


How do you evaluate the Philippines economic resources?

To evaluate the Philippines economic resources you have to look at the plants that are working. The amount of money that each resource is generating is another factor that can be used for the evaluation.


What is the main economic resource in Russia?

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What is Missouri's main economic resource?

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Is a forest a natural and or economic resource?

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Why is money considered a capital resource?

BY definition, capital resource means physical money.