1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
3 years ago
9

Describe the types of economic resources​

Business
1 answer:
vivado [14]3 years ago
5 0

Answer:

There are generally three important types of economic resources: Natural Resources, Human Resources and Capital Resources, that contribute to the economy of the nation.

Explanation:

Economy of any nation is dependant on the resources that the nation exhibits. There are generally three important types of economic resources namely; Natural Resources, Human Resources and Capital Resources.

  • Natural Resources: These are naturally created resources that are available in any nation and also contributes to the economy of that particular nation. These resources cannot be created by man and are mostly available because of the geographic factors. Examples of these resources are Agriculture, Water resources, etc.
  • Human Resources: These are manpower that are available to contribute in the growth and development of economy of the nation. Human resources are considered an important asset of any nation. Without the availability of sufficient human resources, the other resources are useless.
  • Capital resources: These are the financial resources available with any nation that contributes in the development and growth of that particular economy.  When wealth and money are used to create more wealth and money, these resources comes under the capital resources of the nation.
You might be interested in
Liam is a computer systems analyst and is looking to change to a company that offers more opportunities for advancement. He has
Lana71 [14]
<span>Job 1 is a better choice because the annual income after housing is $65,800 but that of job 2 is $64,700.</span>
6 0
3 years ago
Read 2 more answers
A letter-of-credit agreement between rural feed corporation and soybean farms, inc., requires rural feed's bank to pay soybean f
snow_lady [41]
It is B i just took the test 
4 0
3 years ago
Which of the following statements is correct? Stock that has decreased in value during the year can be deducted from gross incom
Otrada [13]

Answer:

Which of the following statements is correct?

Explanation:

Stock which has appreciated in value must be sold before it is considered part of gross income.

5 0
3 years ago
The common stock of Auto Deliveries sells for $28.16 a share. The stock is expected to pay $1.35 per share next year when the an
CaHeK987 [17]

Answer:

Market rate of return is 7.79%

Explanation:

The market rate of return on the stock can be computed using the market price of the stock , which is given below:

share market price =D1/(Expected market return-Dividend growth rate)

share market price is $28.16

D1 is the expected dividend next year which is given by $1.35

expected market return is the unknown

dividend growth rate is 3%

$28.16=$1.35/expected market return-3%

let y be the expected market return

$28.16=$1.35/y-3%

by cross multiplication the equation becomes

$28.16*(y-3%)=$1.35

y-3%=$1.35/$28.16

y=($1.35/$28.16)+3%

y=7.79%

6 0
3 years ago
Read 2 more answers
Jared, a supervisor, is discussing an employee with Evan, a human resource manager. Jared explains that the employee’s performan
ryzh [129]

Answer:

Explanation:

Based on the scenario being described within the question it can be said that Evan should advise Jared to withhold the employee's raise, and if the employee does not respond, then her employment should be immediately terminated. This is because the employee is being paid to do certain tasks which she is capable of doing. Neglecting this responsibility must be met with an immediate termination of the employment.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Dr. brown conducts research on how concepts are represented in peoples minds. he believes that each category has one perfect rep
    14·1 answer
  • When recording inflow and outflow of cash flow statements it is important to
    9·1 answer
  • I really need help I know this isn’t about school but it’s really important. Valentine’s Day is coming up and I already have som
    11·1 answer
  • In order to be impartial and lawful, a pre-inspection agreement must be 
    12·2 answers
  • Raven Corporation owns three machines that it uses in its business. It no longer needs two of these machines and is considering
    8·1 answer
  • You wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $24,000
    6·1 answer
  • Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
    6·1 answer
  • Senior managers are responsible for making specific plans to implement the strategy. The above statement is true or false. expla
    5·1 answer
  • The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.
    14·1 answer
  • Ben's Bagels charges $10 per dozen bagels and he sells 30 dozen bagels each day. Ben's costs of production total $150 each day.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!