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People only value something when they run out of it or have to pay big bucks to keep it clean. So far we don't charge for the use of air and the need to return it to the environment in a pristine condition is not enforced. Air is an economic resource (try ro run a heating system without it) but we are too foolish not to charge for its use.
What else can I help you with?
What type of resource is not economic production?
A type of resource that is not related to economic production is a natural resource, such as clean air or biodiversity. These resources provide ecological benefits and support life but are not directly produced or utilized in economic activities. They are essential for maintaining ecosystems and the overall health of the planet, yet they often do not have a direct market value.
Is land an example of an economic resource?
definition of land resource
What is economic depletion of a resource?
The cost of further extraction will exceed the value of the resource.
Is a forest a natural and or economic resource?
Both.
What economic resource was is short supply and needed for the Jamestown planters to grow tobacco?
Natural resource.
What type of resource is not economic production?
A type of resource that is not related to economic production is a natural resource, such as clean air or biodiversity. These resources provide ecological benefits and support life but are not directly produced or utilized in economic activities. They are essential for maintaining ecosystems and the overall health of the planet, yet they often do not have a direct market value.
Which best explains why air is classified as a renewable resource?
Air is classified as a renewable resource because it is continuously replenished through natural processes, such as photosynthesis and the Earth's atmospheric cycles. The balance of gases in the atmosphere, including oxygen and carbon dioxide, is maintained by ecosystems and natural phenomena, allowing air to be available for use without depleting it. Additionally, air quality can be improved through various environmental practices, further supporting its renewable status.
Is land an example of an economic resource?
definition of land resource
Is magnesium a natural resource?
Yes magnesium is a resource but it cannot be classified as energy resource.Magnesium is a metal.
What is economic resource difficulty?
The main economic resource of difficulty is scarcity of resources.
How resource constrain guide you to take major economic decisions?
How resource constrain guide you to take major economic decisions?
What what is an example of a non rewardable natural resource?
An example of a non-rewardable natural resource is air. While essential for life, air is abundant and freely available, making it difficult to assign economic value or rewards for its use. Unlike resources such as minerals or fossil fuels, air cannot be owned or traded in a way that generates profits. Therefore, it remains a vital resource that is not commodified.
What is a mixed economic resource?
yourmum
What is economic depletion of a resource?
The cost of further extraction will exceed the value of the resource.
What is resourcful?
it is concerned with the obtaining and retaining a workforce with the necessary skills,competences,values and attitudes.
What is the main economic resource in Russia?
oil
Is a forest a natural and or economic resource?
Both.
