ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Nonhuman resources do NOT include?
A
money
B
possessions
C
health
D
time
Explanation: 

Detailed explanation-1: -Non-human resources include the personal possessions, family possessions and the resources available to the individual with his/her community, state and nation. Money is the purchasing power, used to get other resources or achieve goals or attain satisfaction.

Detailed explanation-2: -Non-human resources are also known as material resources. Examples include cars, hospitals, banks, libraries, parks petrol, computers, books, clocks, plants and money.

Detailed explanation-3: -Non-Human Resources are time, money, properties, goods, services and community facilities. These are also known as material resources. These are easily identified and are essential for the achievement of most of the family goals.

There is 1 question to complete.