ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is an example of a capital resource?
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river
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fish
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teacher
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fishing pole
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Explanation:
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: -Examples of natural resources are water, air, trees, minerals, and animals. Capital resources are man-made tools and equipment used to produce a product. Examples of capital resources are factories, equipment, and tools such as hammers, saws, and computers.
Detailed explanation-4: -Machines and computers are capital resources .
There is 1 question to complete.