there is humancapital land and physicalcapital can be used
Capital resources are also known as physical or man-made resources.
Human resource
BY definition, capital resource means physical money.
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.
Recycle resource
human resource can make use of land and capital. Land and capital cannot become useful on its own.
Any resource that has money involved.
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 the other resources of production natural and human resources
how are capital resources different from the other resources of production natural and human resources
Capital and interest income.
A factory building is a physical resource used for manufacturing goods. It is considered a capital resource as it contributes to the production process and adds value to the final product.