Resources from nature that can be used to to produce other goods and services are called:

Question

Quizplus · Accepted Answer

Natural resources are materials or substances that occur in nature and can be used for economic gain. Examples include water, timber, oil, minerals, and fertile land. These resources can be transformed or processed in order to produce other goods and services. Money (A) is a medium of exchange used to facilitate transactions, but it is not a natural resource. Labor (C) refers to the work and effort put in by human beings to produce goods and services, and capital (D) includes man-made goods such as tools, machinery, and buildings used in the production process. While these factors of production are important, they are not the same as natural resources.

Resources from Nature That Can Be Used to To Produce