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A resource is an economic or productive factor required to get things done.
Money is certainly a resource, however, it is not a natural resource like water or lumber or minerals; it is an artificial social construct, however, it certainly is useful. because MONEY MAKES THE MARE GO. & A LIGHT PURSE IS A HEAVY CURSE.
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∙ 13y ago
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Why isn't money considered a capital resource?
Money IS a capital resource.
Why is money considered a capital resource?
BY definition, capital resource means physical money.
Is money a nonrenewable resource?
the presses are there to print money when they are supposed to so I think it is clear that is a renewable resource.
Is money an economic resource?
No, because money produces nothing.
What type of resource is money?
capital
Why isn't money considered a capital resource?
Money IS a capital resource.
Why is money considered a capital resource?
BY definition, capital resource means physical money.
Is money a nonrenewable resource?
the presses are there to print money when they are supposed to so I think it is clear that is a renewable resource.
What role does money play in as a natural resource in the US?
All money is a representation of gold, a naturally occurring resource.
Is money an economic resource?
No, because money produces nothing.
What type of resource is money?
capital
What is critical resource?
Water. And money
What type of resource money?
capital
Unit of money?
bucks, coins, dollars, any money resource
Where do resource owners get the money to buy goods and service in the product market?
Resource owners get the money from money-income payments ( from firms ) in the form of wages,rent, salaries, interest and profits.
Where do resource owners get the money to buy goods and services in the product market?
Resource owners get the money from money-income payments ( from firms ) in the form of wages,rent, salaries, interest and profits.
Why is money not considered to be a capital resource in economics?
Because money does not produce anything. Something is a capital resource because it produces ... it makes consumables or produces services.
