Using the Information from Table 2

question 39

Essay

Using the information from Table 2.1, identify five different materials that you encounter or use on a daily basis and give a possible mineral that could be mined to supply those materials. Can you think of any other considerations other than economic that might prohibit or limit the mining of certain minerals?

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Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset over its life up to a specific date.

Office Equipment

Assets used in an office environment to facilitate operations, such as computers, printers, and furniture, which are subject to depreciation.

Cash Proceeds

The amount of money received from transactions such as sales, financing, or the sale of assets.

Amortization

Amortization is the process of spreading the cost of an intangible asset over its useful life, similar to depreciation but for non-physical assets.