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What are the means through which you produce the things you need and want are called resources?
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∙ 10y ago
Yes
Wiki User
∙ 10y ago
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What occures when you lack the resources to produce the things you want?
Scarcity
This is the condition that results from society not having enough resources to produce all the things people would like to have?
Scarcity
The next best alternative use of money and time or resources to produce all the things people would like to have?
opportunity cost
What is scarcity and why does scarcity always exist?
They occur whenever we dont have enough resources to produce all the things we like to have. By : Taylor S Locklear
What is economic resources?
Economic resources are the assets (things of value) which an economy (or business) may have available to supply and produce goods and services to meet the ever-changing needs and wants of individuals (in the case of a business) and society (in the case of society as a whole.)
Occurs when we lack the resources to produce the things we want?
sarcity
What occurs when we lack the resources to produce the things we want?
scarcity
What occures when you lack the resources to produce the things you want?
Scarcity
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
What is the significance of scarcity to the teachers?
lack of resources to produce things people want
Why does location affects natural resources?
Location affects natural resources because not all things grow everywhere, and not all regions of the world produce the same things.
What does specialization means in social study?
Nations use their scarce resources to produce those things that they produce better than other countries.
What can produced electricity?
Well, Many things can produce electricity. An easy way to produce electricity is to get a coil and pass a bar magnet through it.
What are things that can't produce their own food called?
heterotrophs
This is the condition that results from society not having enough resources to produce all the things people would like to have?
Scarcity
Natural material that can be replaced relativly quickly through natural processes such as wood water energy for the sun?
Natural materials that can be replaced relatively quickly by natural processes are called renewable resources. Examples of renewable resources are trees, air, corn, water, wind, and solar power. Some non-renewable resources are coal, oil, and natural gas.Natural materials that can be replaced relatively fast through natural processes are called renewable resources. Things like fossil fuels cannot be replaced during our lifetime, so they are called non-renewable resources.
What do you call a map that shows the resources and products of a place?
A map that shows resources is usually called a resource map. The resources can be things that an area produces.
