jtheramine jtheramine

15-05-2024
Social Studies

Answered

What are resources, and what are the three kinds
that economists have identified? LA.7.1.6.1

Answer :

GinnyAnswer GinnyAnswer

15-05-2024

Final answer:

Resources are items from nature utilized in goods production. Economists categorize resources into three types.

Explanation:

Resources are things found in nature used for the production of goods and services. Economists identify three kinds of resources: natural resources (like minerals and forests), renewable resources (such as solar energy and wind power), and accumulable resources (like physical capital and human knowledge).

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