0
What else can I help you with?
Why isn't money considered a capital resource?
Money IS a capital resource.
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.
What type of resource is money?
capital
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Why money is not consider as a factor of a production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Why isn't money considered a capital resource?
Money IS a capital resource.
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.
What type of resource is money?
capital
Is iron an example of capital resource?
No, iron is not considered a capital resource. A capital resource typically refers to tools, equipment, and machinery used in the production of goods and services. Iron can be a raw material in the production process but is not classified as a capital resource.
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Why money is not consider as a factor of a production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
What are some capital resources?
Any resource that has money involved.
What type of resource is a factory building?
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.
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.
What does capital mean in science?
Content would be useful, but generally capital means a resource, normally money.
What An office building is which type of resource?
Human resource
Is glue a capital resource?
No, glue is not a capital resource.
