A natural resource, as recognised by economists, would include which of the following?
A) Crude oil
B) Buildings
C) Tools
D) Machinery
E) Equipment

Question

Quizplus · Accepted Answer

Crude oil is a natural resource as it is a naturally occurring substance in the earth's surface and is extracted for economic gain. Buildings, tools, machinery, and equipment are all man-made goods and not classified as natural resources.

A Natural Resource, as Recognised by Economists, Would Include Which