When talking about economic resources, capital refers to which of the following?

I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. "Tools and machinery required to manufacture goods" is the one that refers to capital when talking about economic resources. I hope that the answer has come to your help.

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saadhussain514 saadhussain514 · Answer 2 · 2018-07-19T22:00:59+02:00

Answer choices are:

a. Money

b. Tools and machinery needed to manufacture goods

c. Investments and stocks

d. All of the above

Correct answer choice is:

d. All of the above

Explanation:

In finance and accounting, capital typically refers to money wealth, particularly that accustomed to begin or maintain a business. In terms of social science, capital merchandise is tangible property. Individuals use them to supply different merchandise or services among an explicit amount. Machinery, tools, buildings, computers, or different kinds of apparatus that are concerned with the production of different things available, are the capital product. In classical economics, capital is one of the 3 factors of production. The remaining two are land and labor.