ECONOMICS
PRODUCTIVE RESOURCES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Human, animals and plants
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Human, Capital and Natural
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Land, Water and Air
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None of the above
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Detailed explanation-1: -Natural resources (land) Labor (human capital) Capital (machinery, factories, equipment) Entrepreneurship.
Detailed explanation-2: -Human, Natural, and Capital Resources Human resources are the workers. Natural resources are things that come from nature and are unchanged by human hands. Examples of natural resources are water, air, trees, minerals, and animals. Capital resources are man-made tools and equipment used to produce a product.
Detailed explanation-3: -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-4: -Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.
Detailed explanation-5: -Static resources. Internal resources. External resources.