Wheat, aluminum, fish and timber are examples of Canada’ what? (1 point) Responses natural resources natural resources market resources market resources human resources human resources capital goods capital goods
natural resources
Which of the following statements is most true when describing Canada's gross domestic product (GDP) ? (1 point) Responses Canada has a high GDP per capita and a high standard of living. Canada has a high GDP per capita and a high standard of living. Canada has a low GDP per capita and a low standard of living. Canada has a low GDP per capita and a low standard of living. Canada has a low GDP per capita and a high standard of living. Canada has a low GDP per capita and a high standard of living. Canada has a high GDP per capita and a low standard of living. Canada has a high GDP per capita and a low standard of living. Skip to navigation
Canada has a high GDP per capita and a high standard of living.
An entrepreneur organizes __________ for production.(1 point) Responses skills and machinery skills and machinery capital and resources capital and resources new ideas new ideas raw materials
capital and resources
The correct answer is "natural resources." Wheat, aluminum, fish, and timber are all examples of natural resources found in Canada. To arrive at this answer, you can use a process of elimination. Let's go through the options provided:
1. Natural resources: This is the correct answer as it refers to the materials and substances that occur naturally and can be used for economic gain.
2. Market resources: This term does not accurately describe wheat, aluminum, fish, and timber, as they are not resources specifically related to markets or trade.
3. Human resources: Wheat, aluminum, fish, and timber are not examples of human resources, which typically refer to the labor, skills, and abilities of individuals.
4. Capital goods: Wheat, aluminum, fish, and timber are not classified as capital goods, which are physical assets used in the production of goods and services.
By the process of elimination, we can conclude that the correct answer is "natural resources."