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Consumption of resources and cost are only weakly correlated. The main types of economic resources are land, labor, capital, and natural resources. All of thes
by lacker 7y ago
Consumption of resources and cost are only weakly correlated.
The main types of economic resources are land, labor, capital, and natural resources. All of these cost money, and cost is a very reasonable way to measure resource consumption. The biggest inefficiencies of urban areas come from the cost of land and labor.
- adrianN 7y agoExcept the monetary costs of natural resources are generally not reflecting the actual damage done.