ECONOMICS
PRODUCTIVE RESOURCES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Goods not created for their own use, but to make other goods/services.
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Work the people do to produce goods and services.
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Person who organizes the factors of production to produce goods/services; business owners.
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The natural resources used to produce goods or services.
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Detailed explanation-1: -Capital goods are physical assets that a company uses in the production process to manufacture products and services that consumers will later use. Capital goods include buildings, machinery, equipment, vehicles, and tools. Capital goods are not finished goods, instead, they are used to make finished goods.
Detailed explanation-2: -Capital goods are man-made products used by a business to produce consumer or other capital goods. Consumer goods are products used by consumers. Capital goods include items like buildings, machinery, and tools.
Detailed explanation-3: -Capital goods are tangible assets a company needs for manufacturing products that will later be sold to customers. They entail tools, buildings, equipment, or the machinery necessary to make final products.
Detailed explanation-4: -Capital Gold is a brand new currency you’ll need in order to restore Ruins and upgrade your Capital Buildings. When you unlock a brand new District, instead of purchasing Buildings, Walls, Defenses, Traps, etc. you’ll find your recently unlocked District to be covered in ancient Ruins.
Detailed explanation-5: -Capital Resources (capital goods) Goods made by people and used to produce other goods and services (machines and factories).