GENERAL KNOWLEDGE

Detailed explanation-1: -Capital is a factor of production that has been produced for use in the production of other goods and services. Office buildings, machinery, and tools are examples of capital. Natural resources are the resources of nature that can be used for the production of goods and services.

Detailed explanation-2: -The four major types of capital include working capital, debt, equity, and trading capital.

Detailed explanation-3: -Definition. Capital Resources refer to all the man-made assets that are used to manufacture goods. These resources include tools, machines, equipment, buildings, etc. Any tool or resource employed by a business in the production process of goods or services is termed as a capital resource.

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. The items the people in Communityville produced are called capital resources.

Detailed explanation-5: -Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.