04. Answer briefly 1. How many resources are there? example of each il. What is scarcity? lii:Why do we depend on other in our daily life? iv. What is the difference betejen goods and services? v. Why do we opt for substites? vì. Can we lead a good life thout interdependence? Teaching Points • Provide awareness to the students natural, human and capital resources. • Tell them how their relationship p foundation for development.
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Explanation:
Resources are usually classified into three types, viz. natural, human made and human resources. Natural Resource: Resources which are obtained from nature are called natural resources.
Scarcity refers to a basic economics problem—the gap between limited resources and theoretically limitless wants.
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Answer:
yes
Explanation:
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