ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Money, equipment, trucks and factories are considered this type of resource?
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Human
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Natural
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Capital
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Entrepreneurial
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Explanation:
Detailed explanation-1: -Money is not a capital economic resource Economists consider capital resources the goods that aid in producing a particular commodity or service. On the other hand, money cannot produce anything if used as input for the production process. Money is only used as a medium of exchange.
Detailed explanation-2: -4 Key Resources-The four basic kinds of resources used to produce goods and services: land or natural resources, labor or human resources, capital, and entrepreneurship.
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