Question

Question

What are the three types of productive resources? Select all that apply.

(1 point)
Responses

the raw materials provided by the planet

the raw materials provided by the planet

the planning and work that go into production

the planning and work that go into production

the markets that sell the results of production

the markets that sell the results of production

the social systems that ensure production is protected

the social systems that ensure production is protected

the tools and buildings produced by humans to aid production

the tools and buildings produced by humans to aid production

the consumer knowledge that allows selection of the best products

Answer 1

The three types of productive resources are:

1. The raw materials provided by the planet (often referred to as natural resources)
2. The planning and work that go into production (often referred to as labor)
3. The tools and buildings produced by humans to aid production (often referred to as capital)

The correct selections from the options you provided are:

• The raw materials provided by the planet
• The planning and work that go into production
• The tools and buildings produced by humans to aid production