What are the two characteristics of economical resources
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Answer:
they are many characteristics of economical resources
they are
They have alternative uses.
Low level of national income.
Predominance of agriculture.
Tremendous population pressure.
Massive unemployment.
Low-level rate of capital formation and Scarcity of capital.
Underdeveloped infrastructure.
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Answer: 1. They have alternative uses
2. Resources are 'scarce'
Explanation: Economic resources are resources which create value for the society by producing goods, things, services etc. They are also termed as factors of production.
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