0
When a country uses the resources of that country to their benefit it is known as what?
When a country utilizes its resources for its own benefit, it is referred to as resource management or resource utilization. This practice often involves the strategic exploitation of natural, human, and economic resources to promote economic growth and improve the overall well-being of its citizens. Effective resource management can lead to sustainable development and long-term prosperity.
What else can I help you with?
If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What actions would be favored by a government that supports a mercantilist economy?
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
What does economey mean?
'Economy' (yes, 'economy' is the correct spelling) can mean: -All of a country's business, industry, etc., and the money they produce -A country that is an economic system -How a country uses its resources -Careful use of money -On an airplane, the lowest class (and cheapest) seats
What factors that would shift the production possibility curve inward or outward?
An outward shift would result when there is an improvement in technology that would benefit both types of goods. An increase in the workforce which would result in mor factor resources being exploited. An improvment in productivity and effeciency in goods production. An inward shift would result when there is unemployed resources or when the economy uses resources inefficiently
What do you understand by cost-benefit analysis and what are its uses and limitations?
What do you understand by cost analysis
How does the government make money in a dictatorship?
It steals it from the government. The dictator uses the people’s money for his own uses and makes money on deals that benefit him. He uses the resources of the nation for his own benefit.
What is a benefit from having a direct democracy?
Well, the country that I know uses direct democracy is Switzerland so yeah...
What country uses the most resources?
It is the US, they use almost 3 times the amount of their nearest rivals.
When a country uses all its resources to win a war?
This is often refered to as a "War of Attention" or "Total War."
What are the uses and misuses of human resources?
Uses and misuses of human resourceS
What role does natural resources play in a country's economy?
Affluence affect greatly on how resources are used in a country. Wealthier people tend to buy more materials that uses a lot of energy and resources. Most either developed or developing countries are using up resources faster than they can be replenished.
Does Japan use euro?
No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.No country in Asia uses the Euro.
If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What If a country uses up a good portion of its available resources what happens to its production possibilities curve?
The curve moves inward
What type of money does Amsterdam uses?
Amsterdam , which is in the country known as The Netherlands uses the currency known as The Euro. Most of Europe uses "The Euro" save for a few countries such as the United Kingdom and Switzerland.
What is benefit election system?
BES is a system typically controlled by Human Resources that an employee uses to access, or change their benefits like health insurance, 401k, dental, and others
What are the uses of EOQ?
"what are the benefit of using EOQ?"
