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The AEF was perceived by France as an unstable colony. Therefore, France granted private companies contracts for the exploitation of natural resources like ivory and rubber, rather than sustainable investment. Private companies implemented heavy taxation with little to no pay and cruel treatment towards workers and the local communities.
The perpetual resource concept is a complex one because the concept of resource is complex and changes with the advent of new technology (usually more efficient recovery), new needs, and to a lesser degree with new economics (e.g. changes in prices of the material, changes in energy costs, etc.).
In economics, land comprises all naturally occurring resources as well as geographic land. Examples include particular geographical locations, mineral deposits, forests, fish stocks, atmospheric quality, geostationary orbits, and portions of the electromagnetic spectrum. Supply of these resources is fixed. [1]
This is an accepted version of this page This is the latest accepted revision, reviewed on 30 September 2024. Economy whose gross national product or gross domestic product comes mainly from natural resources Not to be confused with Post-scarcity economies. Part of a series on Economic systems Major types Capitalism Socialism Communism By ideology Associative Capitalist Corporate Democratic ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
A resource map (ReM) is a concept of the ORE Model for associating an identity with compound digital objects (aggregations of digital resources) and making assertions about their structure and semantics. Compound objects combine distributed resources, including multiple media types.
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function .