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.
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.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.