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A resource is something that is required for growth or benefit of people or a society.
only about 30% of the earth is covered by land, water forms the rest. Of this, only a fraction is humanly habitable (you cannot comfortably stay at the poles or in deep jungles of the Amazon).
this makes land a scarce resource
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Difination of econamics?
ensuring maximum utilisation as the scarce resource to fulfil the goal of the organisation is the economics, the science of making the choice
What is a principle budget factor?
It means that you don't have enough of something in order to do all you would like, it isa scarce resource which is in short supply .This could be because of shortage of material, staff hours , machine capacity even moneyBy :Accians@yahoo.com
How are goods and services distributed in England?
Public goods and services are distributed and scarce resources are allocated to them by the UK Government. Private goods and services are distributed by privately or publicly owned businesses, which can be from overseas or domestic. As far as I'm aware this is the same for every country in the world apart from a few which are totally command and thus all scarce resource allocation is done by the Government but these are rare if not practically non-exsistent now.
What is econamics?
it is a social science which deals with how scarce resources are allocated in a country
What is relative scarcity?
Relative Scarcity is the fact that something is relatively scarce
Why is land a scarce resource?
The amount of land available cannot satisfy the needs and wants of everyone. this is because population increases yet land stays the same. therefore it is scarce.
WHY LAND IS SCARCE RESOURCE?
The amount of land available cannot satisfy the needs and wants of everyone. this is because population increases yet land stays the same. therefore it is scarce.
Scarce resource that need to be managed?
land, minerals,fish and forest.technologies, knowledge
Why time as a resource is scarce?
Because it is important
How is land a resource?
A resource is something that is required for growth or benefit of people or a society. only about 30% of the earth is covered by land, water forms the rest. Of this, only a fraction is humanly habitable (you cannot comfortably stay at the poles or in deep jungles of the Amazon). this makes land a scarce resource
What is a scarce resource in Iran?
Rain
Is time a scarce resource?
yes
What important resource is extremely scarce in North Africa and Southwest Asia?
Water is the most scarce resource in north Africa and southwest Asia.
What is a scarce resource in the region?
fossil fuels
Why is water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
Why water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
When a needed resource in an ecosystem becomes scarce it is called?
A limiting factor
