Which of the Following Statements About the Economic Concept of Land

question 95

Multiple Choice

Which of the following statements about the economic concept of land is not true?

• A) Land includes forests, minerals, and other natural resources.
• B) Countries that are rich in natural resources are not always successful in exploiting these resources to produce goods and services.
• C) Land can be combined with labor and capital to produce goods and services.
• D) Abundant natural resources are necessary for economic growth.
• E) Countries that lack natural resources need not be characterized by limited economic growth.

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