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labor
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When markets or governments make economic decisions about what goods and services their resources will be used to make?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
What kinds of goods were ancient egyptians forced to trade for because they did not have the natural resources to make them?
They traded goods, slaves, and iron products for leopard skins and valuable wood.
Is fast food a capital resource?
Fast food is not a capital resource. A capital resource refers to equipment or goods that are used to make other goods and services.
How does Siberian people make their living?
people use natural resources to use as their daily uses
What were the natural resources of the Southern Colonies and how did most people make a living?
They would Make a living by growing cash crops.
Natural resources that are used to make goods and services are considered .?
labor
Natural resources that are used to make goods and services are considered what?
labor
What are natural resources that are used to make goods and services considered?
labor
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.
The resources used to make all goods and services are the?
factors of production
What is the Combining of human capital natural and entrepreneur resources to make goods and services?
An entrepreneur.
What natural resources that are used to make goods and services are considered?
Natural resources that are used to make goods and services and are considered finite include minerals (such as copper, iron, and coal), petroleum (oil and gas), and forest products (such as wood and paper). Other resources like water, air, and sunlight are considered renewable but can also be depleted if not managed sustainably.
When markets make economics decisions convert resources into goods and services?
Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.
What are resources used to make all goods and services?
factors of production
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
What people are creating when they make resources for producing other goods and services?
Capital
What are resources used to make all goods and services called?
factors of production
