Economics is the study of how people use resources to satisfy their wants and needs. Resources include natural resources, human resources, and ,begin underline,capital resources,end underline,. Because resources are not limitless, people must make decisions about how to use these resources. Wise individuals evaluate costs and benefits carefully before deciding how best to use resources.

Question

 
,begin bold,capital resources:,end bold, goods that are manufactured by human beings
,begin bold,human resources:,end bold, workers and the skills and labor they provide
,begin bold,natural resources:,end bold, objects and materials found in nature that have value to human beings
Question
Which is an example of a capital resource?
Answer options with 4 options
1.
the people who work at a bank
2.
the minerals that are found in the ground
3.
the machinery used to produce electricity
4.
the knowledge of how to design a power plant

Answer 1

The correct answer is:

3. the machinery used to produce electricity

This is an example of a capital resource as it is a good manufactured by human beings used to aid production.