ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVE RESOURCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name one Capital Resource
A
Pancakes
B
Tools
C
Teacher
D
Milk
Explanation: 

Detailed explanation-1: -The cake pans, mixing machines, along with the oven used all of them are counted under the meaning of capital resources definition.

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

Detailed explanation-4: -First, students will learn about three types of resources (human, natural, and capital) that are a part of communities and cultures.

Detailed explanation-5: -Office buildings. Production processes. Tools. Vehicles. Manufacturing facilities. Heavy machinery. Proprietary software. Inventory. More items •17-Aug-2021

There is 1 question to complete.