We Know That Resources Are Important for Economic Growth

question 32

Multiple Choice

We know that resources are important for economic growth.Which of the following statements about resources is true?

• A) All resources are ultimately human made, because without their use by people, resources would have no value.
• B) Very few resources are truly scarce; in fact, most exist in abundance.
• C) Resources can be natural, like mineral deposits or forests, or human made, like machinery and factories.
• D) All countries have the same endowments of resources.
• E) Most countries do a very poor job of exploiting the resources they have.

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Definitions:

Cultural Patterns

The shared behaviors, traditions, and norms that characterize a group or society, influencing individuals' ways of life.

Fulfilling Relationships

Relationships that bring satisfaction and happiness to individuals involved through mutual respect, love, and shared values.

Intense and Unstable

Describes situations or behaviors that are extreme and often change abruptly, potentially indicating emotional distress or psychological disorder.

Advocacy

The act of speaking or writing in support of an issue, cause, or proposal to influence public policy or resource allocation decisions within political, economic, and social systems.