ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a capital resource?
A
fish
B
basket weaver
C
canoe
D
corn
Explanation: 

Detailed explanation-1: -The canoes, bows, and spears American Indians made were examples of capital resources.

Detailed explanation-2: -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-3: -Expert-Verified Answer Capital resources are artificial resources which are made by human. These resources are not found in nature. Examples of such resources are machines, furniture, buildings, electric appliances and other man made materials.

Detailed explanation-4: -Office buildings. Production processes. Tools. Vehicles. Manufacturing facilities. Heavy machinery. Proprietary software. Inventory. More items •17-Aug-2021

There is 1 question to complete.