The Major Difference Between Natural Resources and Capital Is That

question 91

True/False

The major difference between natural resources and capital is that the former refers to naturally occurring resources whereas the latter refers to produced resources.

---

Definitions:

External Locus

A psychological term indicating when individuals believe that external forces or events control their life outcomes, rather than their own efforts.

Self-Serving Bias

A common cognitive bias that causes individuals to attribute their successes to internal factors and failures to external factors.

Introvert

Describes a person who tends to be more focused on internal thoughts and feelings rather than seeking external stimulation.

Extravert

An individual characterized by an outgoing, energetic, and sociable disposition.