Topic > Essay on Utilization of Natural Resources - 800
Also, other countries have attempted to import these resources. Like Japan. The second factor is work, in the class “different workers have different production efficiency”.(Dolbear, 2014). Because workers have different backgrounds, such as education, work experience, and training, many workers are more productive than others. This is important for the workforce, in terms of size and quality, to achieve economic growth. Third, capital can be of two types: fixed capital and working capital. First, fixed capital is a construct in accounting and economics. Refers to any type of real or physical capital. fixed capital includes new technologies and advanced machinery ,
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