blog




  • Essay / Essay on Use of Natural Resources - 800

    Also, other countries have tried more to import these resources. Like Japan. The second factor is labor, in the class “different workers have different productive efficiency”. (Dolbear, 2014). Because workers have different backgrounds, such as education, work experience, and training, many workers are more productive than others. It is important that the size and quality of the workforce enable economic growth to be achieved. Third, capital can be divided into 2 types, fixed capital and working capital. Mainly, fixed capital is an accounting and economic construction. It refers to any type of real or physical capital. fixed capital includes new technologies and advanced machinery ,