Types Of Resources Economics. Land pertains to all natural physical resources including all raw materials used in the manufacture of goods and services. Land comprises all natural resources and supply which we require as a fundamental to the production of all goods.
Land labor capital entrepreneurship. Human resources refer to the output of labor applied to natural resources for conversion into a tangible good. Land pertains to all natural physical resources including all raw materials used in the manufacture of goods and services.
Land pertains to all natural physical resources including all raw materials used in the manufacture of goods and services.
The term land is used to describe all natural resources which are used in the process of production and yield income. Workers have different work. Land comprises all natural resources and supply which we require as a fundamental to the production of all goods. The four types of economic resources are labor land capital and entrepreneurship.