A theory proposed by Harold Hotelling states that owners of nonrenewable resources will only produce that resource if it wills the yield will have more value than other financial instruments available in the market, such as interest bearing securities and bonds. This assumes such owners are only motivated by profit and that markets are efficient. The theory is used by economists to predict the price of nonrenewable resources like oil, based on prevailing interest rates.
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The correct answer is - urbanization.
The process of urbanization is the one associated with the growth and development of the cities. This process takes place when there's a growing population in a city, both caused by fertility rates and migration towards it, so the local authorities are making the peripheries of the cities and surrounding villages modernized and start to put institutions in them, as well as the necessary modern infrastructure.
14.6 million square miles is the area surface of the moon
the moon is 80 times less than earth
The correct answer is REGION
The term is used in political geography to explains a particualr area with definable characteristics and not always limted to governments and boundaries. A region often has a similarity in terms of governance,climate,terrain and language.
