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Resources are the potential of the economy.

Resources are the potential of the economy.
Resources are the potential of the economy.

Video: Introduction to a Resource Based Economy 2024, June

Video: Introduction to a Resource Based Economy 2024, June
Anonim

In the national economy of any country, great importance is given to certain resources. They are considered the basis for the implementation of continuous and effective economic activity of the state. An economic resource is the potential that is used to produce services and goods. Benefits can be different in their purpose. Accordingly, certain resources are used to produce this or that product. This ensures the development of the country's economic sector.

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Types of Applied Potential

Resources is a concept that can be used in various fields of human activity. Specialists distinguish five categories of applied potential. So, there are entrepreneurial resources. This type of potential characterizes the ability of the population to produce goods in various forms. The following category includes knowledge. This group contains technical and scientific developments, Internet resources. This is specific information that allows you to organize the production of services and goods at a higher level than before. The third group includes natural potential. Specialists include mineral resources, land, the geographical and climatic position of the state. The next group contains human resources. This concept refers to a certain number of people in a country that have specific qualitative indicators. These characteristics, in particular, include professionalism, culture, and education. In combination, human resources are considered one of the most important components. Without it, the normal functioning of the country's economy is impossible. Of great importance are financial resources. This is a certain capital, which is represented by the funds present in the national economy.

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Natural potential

This type of resource is very diverse. As mentioned above, it includes recreational, biological, mineral, forest, water and other elements. The use of all components has a close relationship. So, for example, the development of land resources requires the use of technology. To ensure the operation of the equipment, in turn, it is necessary to have fuel. It relates to mineral resources.

Human potential

This type of resource is considered relatively limited. Despite the fact that the unemployment rate in a number of countries is quite high, there is a problem of a lack of human resources, namely, specialists who possess the necessary qualification and professional level. Due to this shortage, the normal development of the country's economy is delayed.

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Output

The main property of economic resources is limited, while at the same time there is an unlimited need for them for the production of goods. In this regard, there is a logical need to find methods for the most efficient use of existing potential. Equally important is the mobility of economic resources, manifested in the ability to move between countries, regions, industries.