0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What does an ecnomist mean by the term land?
Land, In economics, the resource that encompasses the natural resources used in production. ... Land was considered to be the “original and inexhaustible gift of nature.” In modern economics, it is broadly defined to include all that nature provides, including minerals, forest products, and water and land resources.
Does Thailand mine the land for any minerals or any other resources?
No
What are the land resources of the Philippines?
There are a variety of land resources found in the Philippines. These resources include the Ocean, minerals, major crops (such as rice, corn, and sugarcane), as well as flora.
Why is the land considered one of the continent's greatest resources?
Land is considered one of the continent's greatest resources because it provides a foundation for agriculture, housing, infrastructure, and natural resources. It also supports biodiversity, ecosystems, and can hold valuable minerals and energy sources. Additionally, land has cultural, historical, and recreational significance for societies.
Which country has the most natural resources in Latin America?
Brazil is considered to have the most natural resources in Latin America due to its vast reserves of agricultural land, minerals, and water resources. The country is known for its abundance of resources such as iron ore, coffee, sugarcane, and soybeans.
Why water minerals and marine resources are considered as natural resources?
Natural resources are anything that come from nature, that occur naturally. Therefore, any mineral in the water and any resources in the sea are considered natural resources.
What are resources found on land called?
Resources found on land are typically referred to as terrestrial resources. These can include minerals, plants, soil, water bodies like lakes and rivers, as well as animal life.
Is coal considered a natural resource?
Yes, all minerals (including coal) are considered natural resources.
Which resources in Greece were considered the most valuable?
Minerals, Oil, and Prostution
Are minerals that recycle extremely slowly nonrenewable resources or renewable resources?
Minerals that recycle extremely slowly are considered nonrenewable resources because the geological processes that form these minerals are extremely slow compared to human extraction rates. Once these minerals are depleted, they are not easily replaced within a human timescale.
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.
Which factor of production includes such things as plants and minerals used to create products?
The factor of production that includes plants and minerals used to create products is natural resources. These resources are essential for various economic activities and can be renewable or nonrenewable.
