ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVE RESOURCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Productive Resources are all natural resources.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -(e) True. Various materials which are obtained from nature are called natural resources.

Detailed explanation-2: -Answer and Explanation: The correct option is option b). Natural resources can be used by propel to produce goods and services, which is the true statement about natural resources. Natural resources can be used as raw materials for the operation of other items and amenities.

Detailed explanation-3: -Natural resources are used to make food, fuel and raw materials for the production of goods. All of the food that people eat comes from plants or animals. Natural resources such as coal, natural gas and oil provide heat, light and power.

Detailed explanation-4: -The correct option is B False. Exhaustible natural resources: Exhaustible natural resources are present in limited quantity in nature and can be exhausted by human activities.

There is 1 question to complete.