Name any 2 resources those values are determined by Money and 2 resources that do not have Money value.
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The use of a resource depends on its value. Following are the types of values: (a) Economic Value: Some resources can be bought or sold, or can be used to make things that can be bought or sold. For e.g. Minerals....
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Gold, sliver are resources those values are determined by money and rivers forests are resources that are not determined by money value.
Explanation:
- All those resources that are man-made on earth have some monetary value and the value of these resources depends on their utility. Metals like the sliver, copper, and gold contain monetary values as they can be exchanged and used to gain economic values.
- On the other hand resources like the air, forest and water have non-monetary values as they are natural and found in abundance and cannot be exchanged in terms of economic values.
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