economic resources
The materials, labor, and capital available for use in the production of goods and services.
B1Adjective + NounNode word: economic
Meaning
The materials, labor, and capital available for use in the production of goods and services.
Example Sentences
- “The country's economic resources, including its natural gas reserves and skilled workforce, made it an attractive location for foreign investment.”
- “Economic resources can be classified into human resources, natural resources, and capital resources.”
Quick Answers
What does “economic resources” mean?
The materials, labor, and capital available for use in the production of goods and services.
How do you use “economic resources” in a sentence?
“The country's economic resources, including its natural gas reserves and skilled workforce, made it an attractive location for foreign investment.”
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