20484090
Description
Mind Map by Beccie White, updated more than 1 year ago
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Created by Beccie White
almost 5 years ago
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Natural Resources
- Labour
- human effort provided in
the creation of products
- the labour force
is a human
resource
- human effort provided in
the creation of products
- Capital
- human-made goods or
means of production e.g.
machinery, buildings etc.
- key to developing
natural resources into
products
- key to developing
natural resources into
products
- human-made goods or
means of production e.g.
machinery, buildings etc.
- Entrepreneurship
- knowledge, ideas, planning and finance that
enables the other types of resources to come
together to create a finished product
- knowledge, ideas, planning and finance that
enables the other types of resources to come
together to create a finished product
- renewable resources
- won't run out - e.g.
water (wave power),
wind and solar)
- also includes managed forestry / farming
- wood, agriculture and
fish require careful
management and can
only function in a careful
balance
- also includes managed forestry / farming
- less polluting and
better for
environment
- can be difficult and
expensive to harness
effectively without the
right infrastructure
- can be difficult and
expensive to harness
effectively without the
right infrastructure
- won't run out - e.g.
water (wave power),
wind and solar)
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