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Which of the following are resources?
a) patience
b) goals
c) iron
d) gold

1 Answer

1 vote

Final answer:

The resources in question are iron and gold, as they are tangible materials extracted from the earth for use in various industries. Personal experience with resources often relates to the finite nature of non-renewable materials like minerals and fossil fuels. Information is considered a key commodity in postindustrial societies. The correct option is The resources in question are iron and gold that is C) and D)

Step-by-step explanation:

In response to the student's question, c) iron and d) gold are considered resources. Resources are materials that can be drawn on by a person or society to function effectively. Iron and gold are examples of natural resources that are extracted from the earth and have a wide range of uses in various industries.

For instance, iron is a crucial component for building infrastructure and manufacturing, while gold has been historically significant in currency and jewelry, as well as in modern technology. Although patience and goals might be valuable in a personal or abstract sense, they are not considered material resources in an economic context.

With regards to my personal experience obtaining resources that can suddenly run out, it is often seen in the context of non-renewable resources like minerals and fossil fuels.

For example, elements such as uranium, which is used in nuclear power, or sulfur, which is used in various chemical processes, have finite supplies on earth. Over-exploitation and the declining availability of high-quality deposits have led to concerns over the sustainability of extracting resources like copper, gold, and aluminum.

The most important commodity in a postindustrial society can be argued to be Information, as it enables innovation, progress, and the functioning of a service-oriented economy.

The correct option is The resources in question are iron and gold that is C) and D)

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User Jeff Holliday
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