Economic resources are the assets (things of value) which an economy (or business) may have available to supply and produce goods and services to meet the ever-changing needs and wants of individuals (in the case of a business) and society (in the case of society as a whole.)
Economic resources are resources that help the place.
there are two types of economic resources: a. Property resources b. human resources
factors of productions
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
Economic resources are resources that help the place.
there are two types of economic resources: a. Property resources b. human resources
factors of productions
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
The main economic resource of difficulty is scarcity of resources.
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
what are the 3 types of economic resources
How are the resources distributed?
industry
Oil.
Roland M. Harper has written: 'The natural resources of Georgia' -- subject(s): Natural history, Economic conditions, Natural resources 'A forest census of Alabama by geographical divisions' 'Economic botany of Alabama' -- subject(s): Botany, Economic, Economic Botany, Plants 'Resources of southern Alabama' -- subject(s): Economic geography, Economic conditions, Natural resources
South Africa has a capitalist economic system and resources are allocated based on who can buy them.