Question

Do all resources have economic value. explain​

Answer 1

Answer:

Some resources have economic value, while some do not. Metals for example, may have an economic value. A beautiful landscape however may not. But both are important and satisfy human needs and so have value.

Answer 2

Answer:

Some resources have economic value owing to their demand and scarcity, whereas, some other resources do not have economic value owing to their abundance and negligible demand. Explanation: Resources like crude oils, precious metals, Valuable minerals, etc., have a great demand from all over the world.