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
Zigmanuir [339]
3 years ago
15

What is a limited resource?

History
2 answers:
satela [25.4K]3 years ago
4 0

Answer:

A

Explanation:

Limited resources can be depleted at any time and may be scarce for a long time

Yuliya22 [10]3 years ago
3 0

A limited resource is: A. A limited resource is a factor of production required to produce a product or provide a service that is scarce and can be depleted.

A limited resource can be defined as the resources such as land, labor, capital, time and entrepreneurship which are typically required for the production goods and services are finite and scarce in nature. Thus, these resources can be depleted (exhausted) if not properly allocated and utilized by manufacturers.

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

There are four (4) main factors of production and these are;

I. <u>Land</u>: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. <u>Labor (working)</u>: this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. <u>Capital resources</u>: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. <u>Entrepreneurship</u>: it is the intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

Basically, all of the aforementioned resources are combined by manufacturers for the production of goods and services to meet the demand, needs, wants or requirements of consumers.

In conclusion, a limited resource refers to the factor of production ( land, labor, capital, and entrepreneurship) that mainly required to produce a product or provide a service, but it is scarce in nature and can be depleted.

Find more information: brainly.com/question/988852

You might be interested in
Why was the battle of yorktown the last major battle of the revolutionary war?
drek231 [11]
<span>The battle of Yorktown was the last major battle of the revolutionary war because the British Army, led by General Lord Charles Cornwallis, was forced to surrender because the Continental Army, led by General George Washington, surrounded the British Army.


Hope this helped!  :)</span>
6 0
3 years ago
County governments do not have a single individual that is completely in charge of government.
zlopas [31]

Answer:

Explanation:

Most Americans have more daily contact with their state and local governments than with the federal government. Police departments, libraries, and schools — not to mention driver's licenses and parking tickets — usually fall under the oversight of state and local governments. Each state has its own written constitution, and these documents are often far more elaborate than their federal counterpart. The Alabama Constitution, for example, contains 310,296 words — more than 40 times as many as the U.S. Constitution.

State Government

Under the Tenth Amendment to the U.S. Constitution, all powers not granted to the federal government are reserved for the states and the people. All state governments are modeled after the federal government and consist of three branches: executive, legislative, and judicial. The U.S. Constitution mandates that all states uphold a "republican form" of government, although the three-branch structure is not required.

Executive Branch

In every state, the executive branch is headed by a governor who is directly elected by the people. In most states, the other leaders in the executive branch are also directly elected, including the lieutenant governor, the attorney general, the secretary of state, and auditors and commissioners. States reserve the right to organize in any way, so they often vary greatly with regard to executive structure. No two state executive organizations are identical.

Legislative Branch

All 50 states have legislatures made up of elected representatives, who consider matters brought forth by the governor or introduced by its members to create legislation that becomes law. The legislature also approves a state's budget and initiates tax legislation and articles of impeachment. The latter is part of a system of checks and balances among the three branches of government that mirrors the federal system and prevents any branch from abusing its power.

Except for one state, Nebraska, all states have a bicameral legislature made up of two chambers: a smaller upper house and a larger lower house. Together the two chambers make state laws and fulfill other governing responsibilities. (Nebraska is the lone state that has just one chamber in its legislature.) The smaller upper chamber is always called the Senate, and its members generally serve longer terms, usually four years. The larger lower chamber is most often called the House of Representatives, but some states call it the Assembly or the House of Delegates. Its members usually serve shorter terms, often two years.

Judicial Branch

State judicial branches are usually led by the state supreme court, which hears appeals from lower-level state courts. Court structures and judicial appointments/elections are determined either by legislation or the state constitution. The Supreme Court focuses on correcting errors made in lower courts and therefore holds no trials. Rulings made in state supreme courts are normally binding; however, when questions are raised regarding consistency with the U.S. Constitution, matters may be appealed directly to the United States Supreme Court.

Local Government

Local governments generally include two tiers: counties, also known as boroughs in Alaska and parishes in Louisiana, and municipalities, or cities/towns. In some states, counties are divided into townships. Municipalities can be structured in many ways, as defined by state constitutions, and are called, variously, townships, villages, boroughs, cities, or towns. Various kinds of districts also provide functions in local government outside county or municipal boundaries, such as school districts or fire protection districts.

Municipal governments — those defined as cities, towns, boroughs (except in Alaska), villages, and townships — are generally organized around a population center and in most cases correspond to the geographical designations used by the United States Census Bureau for reporting of housing and population statistics. Municipalities vary greatly in size, from the millions of residents of New York City and Los Angeles to the 287 people who live in Jenkins, Minnesota.

Municipalities generally take responsibility for parks and recreation services, police and fire departments, housing services, emergency medical services, municipal courts, transportation services (including public transportation), and public works (streets, sewers, snow removal, signage, and so forth).

Whereas the federal government and state governments share power in countless ways, a local government must be granted power by the state. In general, mayors, city councils, and other governing bodies are directly elected by the people.

4 0
3 years ago
Read 2 more answers
"The time for the new election of a citizen to be president of the United States is coming soon. I should now tell you of my dec
xxMikexx [17]
This statement represents George Washington dropping out of the 1796 election.
4 0
3 years ago
Which is not necessary in a historical essay?
anastassius [24]

Answer:

B

Explanation:

Although these are all good. You do not need first hand accounts.

6 0
3 years ago
What consequences does Lincoln anticipate from certain northerners if he frees the slaves?
Vinil7 [7]

Answer:

Explanation:

January 1 came, and with it the final proclamation, which committed the government and armed forces of the United States to liberate the slaves in rebel states “as an act of justice, warranted by the Constitution, upon military necessity.

8 0
3 years ago
Other questions:
  • Which religion had “home field advantage” during the Crusades?
    15·1 answer
  • 2. Court-approved prior restraint has been awarded to which of the following institutions? Select (3 points) all that apply.
    5·2 answers
  • Which of the following was a major difference between the Mayan civilization and Harappa ?
    9·1 answer
  • How did isolationism act as a deterrent to U.S. participation in the war?
    11·2 answers
  • Which improvement did the Persians make to increase trade in their empire?
    12·2 answers
  • Which european countries were most deeply involved in the history of the eastern mediterranean in the 1900s?
    8·1 answer
  • To help reduce water pollution when disposing of household chemicals such as motor oil you should
    6·2 answers
  • What contributed to the United States’ rise to world power during the early 1900s?
    10·2 answers
  • How did roman authorites treat conwuered peoples
    6·2 answers
  • 60 POINTS PLUS BRAINIEST!!!
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!