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Point 3- The resources needed for production, ERE: procedure used by…

- - - - Some types of labour are associated with a geographic area
        
        Skills and technical knowledge of the people
        
        Experience and know-how
  - - - Different geographic areas have natural resources which are specific to them
        
        Water
        
        Minerals
        
        Energy sources
        
        Oil
        
        Natural gas
        
        Sun
        
        Wind
        
        Rivers
        
        Etc.
        
        Plants and animals
  - - - Some types of capital are specific to a geographic area
        
        Physical: capital good, such as buildings and machinery
      - Other types of capital are mobile
        
        Financial: monye and investment drive economic activities
        
        Technological: it's important to have technology, research and development of new aplications (R&D)
        
        Human: workers can move from one place to another, taking their skills, creativity and technical knowledge with them
- - - - Infraestructure
      - Advanced technology
      - Financial capital
      - This allow them continuous economic growth, which is good for the wellbeing of the general population
        
        North America
        
        Are examples of this
        
        Parts of:
        
        Asia
        
        The pacific
        
        Europe
      - etc.
  - - - Extracting gas
        
        Have harmful effects on the environment
        
        These effects, which we call negative externalities, cause the deteoration of the environment in three ways
        
        Depletion of natural resources due to overexploitation
        
        Destruction of natural explotation to creaate artificial spaces such as industry
        
        Overloading the environment with waste
        
        Pollutants in the water
        
        etc.
        
        Harmfull gases
      - Oil
      - Mineral deposits
        or
        Forestry tend