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how are capital resources different from the other resources of production natural and human resources

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How are capital resources different from other resources of production natural and human resources?

how are capital resources different from the other resources of production natural and human resources


Natural capital and human resources are called the factors of what?

production


Different kinds of resources?

Resources can be broadly categorized into natural, human, and capital resources. Natural resources include raw materials like water, minerals, and forests, which are used in production and consumption. Human resources refer to the skills, knowledge, and labor contributed by individuals. Capital resources are assets such as machinery, buildings, and tools that facilitate production processes.


What factors of production for this country?

natural resources labor capital entreprenuership


What is land and natural resources labor capital and entrepreneurship?

Factors of Production


What is a capital as a factor of production?

Capital as a factor of production entails goods that are produced through human labor in an economic system. This does not include Natural Resources or land.


What are the five factors of production?

The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources


What are the four factors of production in making steel?

The four factors of production are: Natural resources Capital Labour Entrepreneurship.


Which factors of production are used by a landscaping service to provide economic?

labor, capital, and Natural Resources


Is a farm a natural resource or human resource or capital resource?

A farm can be considered a combination of natural, human, and capital resources. The land itself and the natural elements like soil and water are natural resources. The labor provided by farmers and workers represents human resources, while the buildings, machinery, and equipment used in farming are capital resources. Together, these resources enable agricultural production.


4 factors of production?

capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources


Which factors of production are used by a landscaping service to provide economic value?

labor, capital, and natural resources