Which of the following represents an example of a non-economic resource?

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Multiple Choice

Which of the following represents an example of a non-economic resource?

Explanation:
A supportive community is a prime example of a non-economic resource because it represents social capital rather than financial resources. This type of resource contributes to an individual’s well-being and quality of life through emotional support, relationships, and a sense of belonging. It can enhance one's ability to face challenges and make effective use of economic resources. In contrast, a high-paying job, bank savings, and industrial materials are all associated with economic factors. A high-paying job signifies a source of income, bank savings represent financial assets that can be used for transactions or investments, and industrial materials are tangible resources necessary for production and manufacturing. Each of these options pertains to economic value, whereas a supportive community highlights the importance of social connections and emotional support, which can enhance overall life satisfaction but do not have a direct monetary value.

A supportive community is a prime example of a non-economic resource because it represents social capital rather than financial resources. This type of resource contributes to an individual’s well-being and quality of life through emotional support, relationships, and a sense of belonging. It can enhance one's ability to face challenges and make effective use of economic resources.

In contrast, a high-paying job, bank savings, and industrial materials are all associated with economic factors. A high-paying job signifies a source of income, bank savings represent financial assets that can be used for transactions or investments, and industrial materials are tangible resources necessary for production and manufacturing. Each of these options pertains to economic value, whereas a supportive community highlights the importance of social connections and emotional support, which can enhance overall life satisfaction but do not have a direct monetary value.

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