Department of Tourism, College in Pekanbaru, Kota Pekanbaru, Indonesia
Review Article
Distribution Natural Resources For Equilibrium Global Economic With SWOT Analysis
Author(s): Dodi Irwan Siregar*
Natural resource economics deals with the supply, demand, and allocation of the earth's natural resources. One main objective of natural
resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable
methods of managing those resources to ensure their availability for future generations. Resource economists study interactions between
economic and natural systems, with the goal of developing a sustainable and efficient economy. Market equilibrium in this case is a
condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to
the amount of goods or services produced by sellers. Economic equilibrium is the combination of economic variables (usually price
and quantity) toward which normal economic processes, such as supply and dem.. Read More»
DOI:
10.37421/2169-026X.2022.11.365
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