ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Land
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Labour
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Capital
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Enterprise
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Detailed explanation-1: -Capital goods include buildings, machinery, equipment, vehicles, and tools.
Detailed explanation-2: -Answer and Explanation: The buildings, structures, machinery, and tools used in the production process are called capital goods.
Detailed explanation-3: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services. The items the people in Communityville produced are called capital resources.
Detailed explanation-4: -The four major types of capital include working capital, debt, equity, and trading capital.
Detailed explanation-5: -Tools, machines, buildings can be used in production over many years, and are called fixed capital.