Resources and their values

Question 1

Resources are things that people use to live, such as

Answer 1

Water and Minerals

Question 2

Why is it more expensive for Bread than the maize its made from?

Answer 2

Maize is the primary product and bread is the secondary product. The cost of making the bread gets added to the bread. This is called producers profit.

Question 3

Why is it more expensive for Bread than the maize its made from?

Answer 3

Maize is the primary product and bread is the secondary product. The cost of making the bread gets added to the bread. This is called producers profit.

Question 4

Why is it better for countries to export more manufactured goods than just primary goods?

Answer 4

Countries must try to export more than they import. If they export more manufactured products than primary products they can be sold for a lot more.

Question 5

What are the uses of gold?

Answer 5

used in Computers
Jewelry
gold coins