An increase in the quantity and quality of natural resources is a demand factor for economic growth.

Name: An increase in the quantity and quality of natural resources is a demand factor for economic growth.
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Question

Quizplus · Accepted Answer

An increase in the quantity and quality of natural resources is a supply factor, not a demand factor, for economic growth. Demand factors relate to the willingness and ability of consumers to purchase goods and services.

An Increase in the Quantity and Quality of Natural Resources