Asked by a

As a factor of production, how is capital created?
A.
By adding land to entrepreneurship.
B.
By adding human labor to land.
C.
By removing land from services.
D.
By using labor to create services.



Please select the best answer from the choices provided


A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
B

Capital (physical capital) is created when human labor is applied to natural resources (land) to produce tools, machinery, buildings, etc., that are used in further production.