grs

Classified in Geography

Written at on English with a size of 1.93 KB.

 

factors of production

natural resources:renewable:solar energy wind tides/ partially: clean air drincking water fertile soil biodiversity/non:minerals fossil
human resources:people
capital:machinery money
welfare states:offers services financed by taxes from people and oversees essencial services such as administration deference and security,education, healdcare,road infractructure,unemployment benefits and retirement pensions
economic sectors
1- activities involved in obtainig resources directly from raw materials(agriculture,livestock,forestry, mining)
2-activities involved in converting raw materials into manufactured products(industry) or building housing and infrastructure(motorways,reservoirs)
3-including lending services(education,healthcare,trade, tourism,transport)

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