Tag: introduction to natural resources (eco)

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Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

Proposal of 'The Alliance of Small Island States (AOSIS)' extends up to which of the following years?

  1. 2020

  2. 2017

  3. 2018

  4. 2019
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Alliance of Small Island States (AOSIS) is an intergovernmental organization of low-lying coastal and small island countries. Main purpose of the alliance is to consolidate the voices of Small Island Developing States (SIDS) to address global warming. 

The proposal of this organisation extends up to the year 2017.

Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

Read the following statement carefully. Write True or False with a reason.
A free medicine given to the patients in hospitals is not a scarce commodity.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Although medicine is available at zero price, yet it is a scarce commodity. Because it involves some opportunity cost.

Multiple choice geography basic problems of an economy introduction to natural resources (eco) understanding development: perspectives, measurement and sustainability resources - types and conservation

Read the following statement carefully. Write True or False with a reason.
Economic problem and scarcity of resources are not related to each other ____________.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The economic problem is fundamentally caused by the scarcity of resources. Without scarcity, there would be no need to make choices, and thus no economic problem.