ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVE RESOURCES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tools and machines used to do a job.
A
Entrepreneur
B
Natural Resource
C
Capital Resource
D
Human Resource
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: -Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.

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.