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What else can I help you with?
In a market economy what are the most important factors affecting scarcity?
C) the degree to which the government is involved in the allocation of resources.
What resources does Mexico have that add to their economy?
All of them do; however in terms of revenue from exports, oil is the most important among them.
Compare the three economy questions to command economy market economy and traditional economy?
traditional economy: resources are allocated based on custom and traditionmixed economy:resources are allcoated based on mixed informtion given.command economy: resources are allocated by the government or other central authoritymarket economy: resources are allocated by individualsCommusim
What are the effects of abundant resources on country's economy?
It stimulates the economy
What are the effects of abundant resources on a country's economy?
It stimulates the economy
The availability of natural resources is important to any country's economy some natural resources are renewable which is an example of a renewable resource?
like biomass,biofuels,also water resources are kind of renewable types.
What can be harmful for the economy?
what can be harmful to the economy is when the non renewable resources are finished
What makes non-renewable resources important?
I dont think this is in the right category. (humour and amusement?)But to give you an answer:Non-Renewable resources are important, in some cases even more important that renewable sources. One way that they are important is, they are a large component of the worlds economy.Non-renewable resources include Gold, Coal, Oil and other rare to semi-rare minerals that society needs. Gold is a major non-renewable resource, as it is a Global form of currency. Coal and oils are also Major in that they are currently the main resources used for electricity production, metal production etc. Without Non-renewable resources, the worlds economy would be much smaller considering the fact that almost every country has some sort of resource to sell.* anyone improve? *
How are Canada's resources important to the country's economy?
Canada's economy based on the industries associated whit these resources
How are Canada's natural resources important to the countries economy?
Canada's economy based on the industries associated whit these resources
How are Canada's natural resources important to the country economy?
Canada's economy based on the industries associated whit these resources
Why is it important to preserve renewable resources such as soil and forests?
It is important to preserve renewable resources like soil and forests because they play crucial roles in sustaining biodiversity, regulating climate, and providing essential ecosystem services such as water purification and air quality improvement. Degradation of these resources can lead to negative impacts on the environment, economy, and human well-being. Preserving them ensures their sustainable use for future generations.
Why are resources important to the growth of a region's economy?
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What are the most valuable non renewable resources in SW Asia?
The most valuable non-renewable resources in Southwest Asia include oil, natural gas, and minerals such as phosphates. These resources are critical for the region's economy and play a significant role in global energy markets.
What are some non renewable resources found in Africa?
Some non-renewable resources found in Africa include oil, natural gas, coal, and minerals such as gold, diamonds, and platinum. These resources play a significant role in the continent's economy, but their extraction and use can have environmental and social consequences.
What other resources did the northwest coast people have that were important to their economy?
no
What makes a natural resource nonrenewable?
Non renewable resources like minerals can get depleted. They get exhausted by over use and exploitation. They are valuable resources to the economy. The renewable resources depend on these nonrenewable resources for their replenishment e.g. agricultural crop production.
