ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Entrepreneurs
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Human Capital
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Capital Goods
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Natural Resources
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Detailed explanation-1: -Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.
Detailed explanation-2: -Capital goods are the assets used by businesses in the course of producing their products and services, and can include buildings, machinery, tools and equipment. Capital resources is a higher-level concept, defined slightly differently by different scholars.
Detailed explanation-3: -By increasing productivity through improved capital equipment, more goods can be produced and the standard of living can rise. Capital goods are also sometimes referred to as the means of production because these physical and non-financial inputs create objects that can eventually be bestowed with economic value.
Detailed explanation-4: -Vehicles. Vehicles owned by a business are a capital good. Production Technology. Computing Technology. Electronics. Software. Power Technology. Infrastructure. Facilities. More items •31-Jul-2017