Difference between natural resource and economic resource
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A natural resource is any natural material that is either useful or valuable, this can include: natural gas, crude oil, metal ores and water (i.e. ground water). A reserve is the amount of a resource that can be economically extracted using the existing technology.
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Natural resources: A natural resources is any natural materials that is either useful or valuable, this can include: water ( i.e. ground water) , natural gas and crude oil.
Economic resources: A reserve is the amount of a resource that can be economically extracted using the existing technology.
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