Answer:
Natural resources without human resource is useless.Thats why natural resources is called passive resource whereas natural resource is called active resource.
human can make the best use of resource if they have knowledge,education and technology to do so.they can also be the creator of national wealth.In fact human resource are superior to other resource such as land and capital because they make use of land and capital.
I think the right word is homage, that is the medieval concept, expressed through a ceremony, which meant that a vassal swore obedience and submission to the lord.
The answer is the first one A country can make and sell goods affordably and buy goods that it is inefficient at making. ♡
Its true because they did i think
<u>Answer:</u>
<em>Companies passed on production and transportation costs to consumers</em>
<u>Explanation:</u>
An increase in oil prices will add to a higher inflation level. This is on the grounds that transport costs will rise prompting more increased prices for many products. <em>This will be cost-push inflation which is very unique to inflation brought about by rising aggregate excess/demand growth. </em>
Consumers will see a decline in unrestricted income. They bear a higher cost of transportation, yet don't have the compensation of income rise. <em>Higher oil costs can prompt slower economic development – especially an issue if consumer spending is less.</em>
