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economic resources

natural resourcescomes freom the air,water,and earth
capital resourcesa resource like a machine or equipment
labora human resource
labor forcepeople 16 or older that work
economic resourcea resource that can be used to produce and create goods and services
factors of productionany natural resource human resource or capital resources that are used to produce goods or services
goodsan item or products people can buy
nonrenewable resourcea resource that cannot be renewed or replaced
renewable resourceresources that can be replaced or renewed
human resourcesa person who contributes physical or mental energy to the production process


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