ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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natural resources
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supply
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demand
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services
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Detailed explanation-1: -Earth’s natural resources include air, water, soil, minerals, fuels, plants, and animals. Conservation is the practice of caring for these resources so all living things can benefit from them now and in the future. All the things we need to survive, such as food, water, air, and shelter, come from natural resources.
Detailed explanation-2: -Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods.
Detailed explanation-3: -Soda can, aluminum foil, steel washers, copper wires, iron nails, steel paperclips, etc. Metals Durable, can be changed into many shapes when heated because they are flexible (can bend). Plastic, medicine, gasoline, etc. Oil (Petroleum) Oil has energy inside.
Detailed explanation-4: -Water. Although mostly free, it is the most valuable natural resource and commodity in the world. Sand. Fossil Fuels. Palm Oil. Forests. Earth (or Soil) 17-May-2021
Detailed explanation-5: -Water. Lakes, aquifers, and underground sources of water are generally replenishable through rain and the gradual filtering of water through natural ecosystems. Fossil Fuels. Palm Oil. Trees. 02-Nov-2017