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Example of capital resources

Updated: 9/15/2023
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12y ago

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Definition-

Capital resources are any goods that are used in the production process to produce a good or service.

Example-

An example would be the factory itself, machines, vehicles, etc. In a service industry, for example a hair stylist, a bottle of shampoo might be classified as a capital resource as it is involved in rendering a service to the consumer.

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12y ago
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11y ago

An example of a capital resource is a hammer, a pic axe etc

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