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unit 2 economic geography study guide1. identify the following as either a capital, natural, or human resourcea. diamonds -b. dentist -c. solar power -d. computer -e. money -f. coal -2. give an example of renewable and nonrenewable resources.3. identify the following as either a primary, secondary, or tertiary economic activitya. steel mill -b. farming -c. restaurant worker -d. banking -e. making fish sticks -f. oil drilling -4. what happens when countries have limited access to resources?5. explain why being landlocked would impact a countrys economic activity6. what does it mean when a country specializes in a product or service?7. if a country has the comparative advantage in producing something, it means they can produce the product at the overall cost ( lowest highest)
- For resource identification: Natural resources occur naturally; human resources are skilled people; capital resources are man-made tools/wealth.
- Renewable resources replenish naturally; nonrenewable are finite.
- Primary activities extract raw materials; secondary processes them; tertiary provides services.
- Limited resources force trade, specialization, or scarcity-driven choices.
- Landlocked nations lack seaports, raising trade costs.
- Specialization focuses production on a country's efficient goods/services.
- Comparative advantage means lower opportunity cost.
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1.
a. Natural resource
b. Human resource
c. Natural resource
d. Capital resource
e. Capital resource
f. Natural resource
2.
Renewable resource example: Wind energy
Nonrenewable resource example: Natural gas
3.
a. Secondary economic activity
b. Primary economic activity
c. Tertiary economic activity
d. Tertiary economic activity
e. Secondary economic activity
f. Primary economic activity
- When countries have limited access to resources, they often need to engage in international trade to obtain the necessary resources, focus on specializing in producing goods/services they can make efficiently, may face higher costs for scarce resources, and could experience slower economic growth if critical resources are unavailable.
- Being landlocked removes access to seaports, which increases the cost and complexity of international trade (as goods must be transported through neighboring countries, adding tariffs, transit fees, and logistical delays). This limits the ability to export/import goods affordably, hindering economic development and access to global markets.
- When a country specializes in a product or service, it focuses its resources, labor, and infrastructure on producing that specific good or service at a higher efficiency or lower cost than other countries. This allows the country to trade this specialized product for other goods it needs, maximizing overall economic output.
- lowest