Korea has coal reserves, while China has large petroleum, coal, and natural gas deposits. Coal resources can be found in Japan.
Economic resources are the ingredients that go into making products or rendering services. In other terms, they are the resources that are employed as inputs to produce goods or support the provision of services. Human resources, like labor and management and nonhuman assets, such land, capital goods, economic ability, and technology, are two categories of economic resources.
An economy is a collection of institutions and businesses that either directly participate in or assist the creation and transfer of commodities and services. The materials we utilize to manufacture and dispense products and services are known as economic resources.
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