ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Animals like goats are examples of ____
A
natural resources
B
human resources
C
capital resources
D
none of the above
Explanation: 

Detailed explanation-1: -Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods. All of the food that people eat comes from plants or animals.

Detailed explanation-2: -Animals. Both domestic and wild animals are a critical component of ecosystems and our environment. Domesticated animals, such as livestock, provide us with food and fiber, while wild animals support healthy ecosystems.

Detailed explanation-3: -Plants and animals are renewable resources of great importance to humans. Trees and plants provide food and raw materials for products ranging from clothing and furniture to medicines and fuels. Animals provide food and other products useful to humans.

Detailed explanation-4: -Animals help plants reproduce by carrying pollen from plant-to-plant and by spreading seeds. Animals that eat insects and small mammals help reduce damage by caterpillars, rabbits, and other plant-eaters.

There is 1 question to complete.