ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Money, equipment, trucks and factories are considered this type of resource?
|
|
Human
|
|
|
Natural
|
|
|
Capital
|
|
|
Entrepreneurial
|
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.
There is 1 question to complete.