Economic Resources
Economic Resources is the differences between goods, services, and resources that you either need or want. A good is a physical item that can be bought, touched, and used for example an iPhone. A service is the action done for people who pay for the service like a auto detailer. A resources can be anything from produce to anything that is needed to make some thing else.
Natural resources are raw materials supplied by nature for example oil, minerals, nutrients, rivers,
lakes, oceans, and air. Human capital is the people that produce goods and services "labor". Entrepreneur the person that takes all the risk that come with creating a new product or a service. Using capital resources also known as the products and money used in the production of goods and services. Money is a very good motivation product because no one can resist money.
Natural resources are raw materials supplied by nature for example oil, minerals, nutrients, rivers,
lakes, oceans, and air. Human capital is the people that produce goods and services "labor". Entrepreneur the person that takes all the risk that come with creating a new product or a service. Using capital resources also known as the products and money used in the production of goods and services. Money is a very good motivation product because no one can resist money.
Comments
Post a Comment