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A boy falls while riding his bike.A scrape on his hand almost immediately begins to bleed and becomes red,warm,and swollen.What response is occurring?
Natural Resources
Materials or substances such as forests, minerals, and water that occur in nature and can be used for economic gain.
Standing Timber
Trees that are still standing and have not yet been harvested, often considered as an asset.
Mineral Deposits
Concentrations of minerals within the Earth's crust that can be extracted and processed into valuable materials.
Betterments
Improvements made to an asset that increase its value or extend its useful life, typically treated as capital expenditures.
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