Gold, diamond, iron ore and limestone are collectively referred to as

Assessment: WAEC SSCE - Economics - 2013 (Objective) Subject: Economics

Question 1 Report

Gold, diamond, iron ore and limestone are collectively referred to as

Answer Details
Gold, diamond, iron ore and limestone are collectively referred to as mineral resources. Mineral resources are naturally occurring substances found in the earth's crust that have economic value. They are typically mined and processed to extract valuable minerals and metals that are used in various industries, such as construction, manufacturing, and technology. Some examples of mineral resources include gold, silver, copper, iron ore, and coal. Mineral resources are important to the economy of many countries as they contribute to economic growth and development.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning