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Taya2010 [7]
3 years ago
11

How do means and resources affect the development process of a country​

Social Studies
1 answer:
Orlov [11]3 years ago
4 0

Answer:

The quantity and availability of natural resources affect the rate of economic growth. The discovery of more natural resources, such as oil or mineral deposits, will give a boost to the economy by increasing a country's production capacity.

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Capital goods are goods used to produce other goods or services, in this case, specific machines are used to produce cars (goods). Additionally, as capital goods are only tools to make other goods they are not bought by consumers. Other examples of capital goods are tools, buildings or any equipment involved in the production of goods and services. Also, options B and C are not correct as machines are not natural resources as they are not directly obtained from nature, either human resources as these are people involved in the production of something, which is not related to the machines.

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4 years ago
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