What are the resources used to make all goods and services?

What are the resources used to make all goods and services?

4 Key Resources – The four basic kinds of resources used to produce goods and services: land or natural resources, labor or human resources, capital, and entrepreneurship.

What is a good used to make other goods and services called?

Terms in this set (55) When manufactured goods are used to produce other goods and services, they are called capital goods.

What is a resource that is made by humans and used to create other goods and services?

Capital is any human-made resource that is used to produce other goods and services.

What is a human made resource used to produce other goods and services?

Capital- any human made resource that is used to produce other goods and services.

What natural resources are used to produce goods?

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods.

What are any resources that are made by humans Brainly?

Human-made resources, also known as capital or capital resources, is material wealth created by humans that can be used to create more wealth. Examples include money, factories, roads, and technology. natural resources are raw materials and land. human resources are entrepreneurs and labor.

What are man made goods used to produce other goods?

Capital are the human-made goods used in the production of other goods, such as machinery and buildings.

What is used to produce goods?

Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

Is known as the man made resources used to produce goods and services?

Capital resources are the man-made physical resources (such as buildings, tools, machines, and equipment) used in production. The study of economics explains how productive resources are used to provide the goods and services that satisfy human wants.

https://www.youtube.com/watch?v=x2uOEx8FcWs