QUESTION IMAGE
Question
assets used in the production of goods and services are called
a. natural resources.
b. capital resources.
c. human resources.
d. limited resources.
Brief Explanations
Natural resources are raw materials from nature. Human resources are people's labor - skills and efforts. Limited resources refer to the scarcity of resources in general. Capital resources are assets like machinery, buildings used in production of goods and services.
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B. capital resources