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What is another name for the capital resource?
Capital resources are also known as physical or man-made resources.
What An office building is which type of resource?
Human resource
Why is money considered a capital resource?
BY definition, capital resource means physical money.
Is a chair a capital resource?
Chair is not considered a capital resource. Capital resources are the items that is used to produce a certain product. For example, machines are capital resources. Chair is more of a finished product, which is then sold.
Are disposable items capital resources?
Recycle resource
Is human resource a land resource?
human resource can make use of land and capital. Land and capital cannot become useful on its own.
What are some capital resources?
Any resource that has money involved.
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.
Is workers a capital resource?
No, workers are not considered a capital resource; they are classified as labor. Capital resources refer to the tools, equipment, and facilities used to produce goods and services. While workers contribute to the production process, they represent human resources rather than capital resources. Labor and capital are distinct factors of production in economics.
How are capital resources different from other resources of production and -natural and human resources?
how are capital resources different from the other resources of production natural and human resources
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
Define different types of resource?
Resources can be classified into several types, including natural, human, capital, and informational resources. Natural resources are raw materials derived from the environment, such as minerals, water, and forests. Human resources refer to the skills, knowledge, and labor provided by people. Capital resources encompass financial assets and physical tools or equipment used in production, while informational resources include data and knowledge that aid decision-making and strategic planning.
