ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services.

Detailed explanation-2: -The four major types of capital include working capital, debt, equity, and trading capital.

Detailed explanation-3: -(NOTE: A hammer is a capital resource. Nails are intermediate goods. Both capital re-sources and intermediate goods are goods that are produced in order to produce other goods. Producing both capital resources and intermediate goods requires human, capital and natural resources.

Detailed explanation-4: -There are mainly three types of capital resources: Physical Capital Resources (machinery, tools, etc.), Human Capital Resource (knowledge or skills provided by employees), and Intellectual Capital (shared information among employees).