Types of Economic Resources
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Types of Economic Resources

Created by
@UndisputedVorticism

Questions and Answers

What are human resources also referred to as?

Labor

Which of the following is an example of a natural resource?

Water

What is capital in the context of economic resources?

Money invested into a business

Which term refers to the idea that industries and businesses can rely on each other to help generate revenue?

<p>Interdependence</p> Signup and view all the answers

What happens when there is a shortage of economic resources for a business?

<p>Difficulty in production and distribution</p> Signup and view all the answers

Which type of economic resource is said to be running out?

<p>Oil reserves</p> Signup and view all the answers

What do economic systems deal with in society?

<p>Selection, production, distribution, and consumption of goods and services</p> Signup and view all the answers

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