What does the term "built capital" refer to?

Question

BlackTom AI · Accepted Answer

The question asks: What does the term "built capital" refer to?
Option 1: 'Human-made infrastructure and facilities such as buildings, roads, and machinery that support economic activity' correctly describes built capital, which includes physical infrastructure and durable assets that enable economic processes.
Option 2: 'The financial investments made by individuals in the stock market that have increased over time' is about financial capital or financial assets, not built capital.
Option 3: 'Natural resources like forests and rivers that support human life' corresponds to natural capital, not built capital, since it involves ecosystem goods rather than man-made structures.
Option 4: 'The collective knowledge and skills of a community to create innovative solutions' refers to human capital, which encompasses people’s capabilities and skills rather than physical infrastructure.
Option 5: 'Governmental institutions' denote organizational or institutional capital but do not capture the physical, man-made assets included in built capital.
Putting it together, only the first option matches the concept of built capital, whereas all others point to different forms of capital or assets.

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What does the term "built capital" refer to?单项选择题

类似问题

The equipment and structures available to produce goods and services are called

When a firm builds a new factory, this is an example of an investment in

Which of the following best describes physical capital?

Which of the following best describes physical capital?

Which of the following best describes physical capital?

Which of the following best describes physical capital?

An example of capital is

Workers in ________ countries have ________ to work with than do workers in low income countries.

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希望你的学习变得更简单

Workers in countries have to work with than do workers in low income countries.