explain the natural economics
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Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources. Every man-made product in an economy is composed of natural resources to some degree. Natural resources can be classified as potential, actual, reserve, or stock resources based on their stage of development
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Natural resource economics focuses on the supply, demand, and allocation of the Earth's natural resources. It's goal is to gain a better understanding of the role of natural resources in the economy. ... The goal of natural resource economics is to develop an efficient economy that is sustainable in the long-run.
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