0
What else can I help you with?
What are resources needed to make goods and services called?
capital
What people are creating when they make resources for producing other goods and services?
Capital
Man-made goods used in the production of more goods and services are known as?
capital resources
How do capital resources increase production for a company?
Capital resources equal more goods and services produced in the future, for a higher profit. This is how having more resources increases production and profit in the long term.
The initiative to combine natural human and capital resources to produces goods and services is an example of what kind if resource?
Entrepreneurial Resources
What is the name of the process in which you apply resources to obtain products?
Concept is the name of the process in which you apply resources to obtain products.
What are resources needed to make goods and services called?
capital
Form of capital resources?
Capital resources are items made and used to make other goods and services. The basic categories of capital resources are tools, equipment, buildings and machinery.
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
Name the 4 factors of production and give examples of each?
The four factors of production are land, labor, capital, and entrepreneurship. Land refers to natural resources like water, minerals, and agricultural land. Labor includes the physical and mental effort of individuals contributing to production. Capital encompasses man-made resources such as tools, machinery, and buildings. Entrepreneurship involves the innovation and organization of resources to create goods and services, exemplified by individuals like Steve Jobs or Elon Musk.
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
What people are creating when they make resources for producing other goods and services?
Capital
Man-made goods used in the production of more goods and services are known as?
capital resources
How do capital resources increase production for a company?
Capital resources equal more goods and services produced in the future, for a higher profit. This is how having more resources increases production and profit in the long term.
The initiative to combine natural human and capital resources to produces goods and services is an example of what kind if resource?
Entrepreneurial Resources
What are any resources that are made by humans and used to create other goods and services?
capital
Why are capital resources and human resources important for foods and services?
They are important resourcesto use forany things so the resources can make foods and sevices
