Metal tools are an example of what type of resource (factors of production)?

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05-04-2022
Social Studies

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Metal tools are an example of what type of resource (factors of production)?

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Cutejaejae0702idn Cutejaejae0702idn · Answer 1 · 2022-04-19T16:48:29-04:00

Cutejaejae0702idn Cutejaejae0702idn

19-04-2022

Answer:

Capital is a factor of production that has been produced for use in the production of other goods and services. Office buildings, machinery, and tools are examples of capital. Natural resources are the resources of nature that can be used for the production of goods and services.

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