The Finite Nature of the Economy's Resource Base

question 58

Multiple Choice

The finite nature of the economy's resource base:

• A) will be solved if only we would learn to conserve.
• B) is only a problem in developing countries.
• C) will be solved as technology advances.
• D) will always be with us.

---

Definitions:

Nutrients

Essential compounds that organisms need to absorb from their surroundings or diet to support growth, reproduction, and health, including vitamins, minerals, proteins, fats, and carbohydrates.

Supplies Account

The Supplies Account is a record that tracks the costs of consumable items used by a business in its operations, which may include office supplies, small tools, and cleaning products.

Assets

Resources owned or controlled by a business or individual, which are expected to provide future economic benefits.

Expenses

Costs incurred in the operation of a business; these are necessary for the company to generate revenues.