Examples of resources include land, labor, and capital. A factory used in the production of cars is an example of capital .

Question

BlackTom AI · Accepted Answer

The prompt presents a statement about resources and identifies a component of the production process. 
Since the question is a dropdown-style item and the provided answer is capital, we can reason through why this classification fits.
First, recall the economic definitions: land refers to natural resources used in production, labor means the human effort used to produce goods and services, and capital consists of man-made inputs that help produce other goods (like factories, machines, tools).
Applying these definitions to the example: a factory used in the production of cars is not land (it’s not a natural resource), nor is it labor (it’s not human effort or workers themselves). It is a human-made, durable input that enables production, which is precisely what economists classify as capital.
Therefore, labeling the factory as capital aligns with standard economic terminology and the broad resource trio (land, labor, capital).
If there were other options, we would compare them against these definitions: land would be a site or resource from nature, labor would be people’s work, and capital would be the manufactured means of production. The factory clearly fits the capital category rather than the other two.
In summary, the statement that a factory is an example of capital is consistent with foundational economic concepts, and it correctly identifies the factory as a capital resource rather than land or labor.

Examples of resources include land, labor, and capital. A factory used in the production of cars is an example of capital .多重下拉选择题

类似问题

as a factor of production, capital refers to the

2. The factors of production include

13. Which of the following is considered a factor of production?

One of the two criteria for a resource to be considered capital is that it must

In the long run, the level of national income in an economy is determined by its:

A construction crane is an example of ___.

Land and mineral resources, transportation and communication facilities, factories and farm buildings, equipment, tools and machinery are all examples of Blank ______. BlackTom题目解析

Taken together, the four general categories of economic resources (land, labor, capital, and entrepreneurial ability) are referred to as which of the following? BlackTom题目解析

更多留学生实用工具

智能学习助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单