Economic resources are the______________.

a. technological, human, and manufactured inputs used to produce goods and services.
b. natural, human, and technological inputs used to produce goods and services.
c. natural, human, and manufactured inputs used to produce goods and services.
d. natural, technological, and manufactured inputs used to produce goods and services.

Respuesta :

Answer:

c. natural, human, and manufactured inputs used to produce goods and services is the correct answer.

Explanation:

  • Economic resources are the inputs used in providing services and goods.

Economic resources are of four types

  • land: includes all natural resources which are gifts of nature.
  • Labor:all the efforts done by human mentally and physically to earn an income is known as labor.
  • Capital: includes all the manmade resources that are used in the production method such as factories, appliances, machines, tools, raw supplies, wealth, etc.
  • An entrepreneur: a person that organizes, manages a business and undertakes the uncertainties and difficulties involved in the production.