ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Capital
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Human
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Natural
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None of the above
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Detailed explanation-1: -Capital goods are man-made, durable items that businesses use to produce goods and services. Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.
Detailed explanation-2: -Machines and computers are capital resources .
Detailed explanation-3: -For example, if one company buys a computer to use in its office, the computer is a capital asset.
Detailed explanation-4: -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-5: -Typical resources include the central processing unit (CPU), computer memory, file storage, input/output (I/O) devices, and network connections.