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What are 3 types of resources when studying economics?
Goods, service, capital.
What are the four types of resources economics?
Labor, land, capital, entreprenurial
Name three types of resources?
gas
What are five types of resources in economics?
land resource water human forest
What caused the nation to have to answer the three basic economics questions?
Scarcity of resources
What are the three types of utility in Economics?
time,place, form
What are three main types of economics?
The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)
List three types of resources and give an example each?
the 3 types of resources are natural resources human made resources
What are the three different types of natural resources?
The three types of natural resources are renewable resources (like sunlight and wind), non-renewable resources (like fossil fuels and minerals), and flow resources (like water and air).
What are the three types of resources for economics and explain each?
Natural - Raw materials supplied by nature.Human - The people who work to produce goods and services.Capital - The tools equipment and buildings that are used to produce goods and services.
Which of these statement is false Economics is anout conserving scarce resources Economics is about the use of scarce resources?
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
Three main types of economics?
market economic,command economic and mixte economic
