Question

Which of the following lists contains, in this order, natural resources, physical capital, and human capital?

a. For a shoe factory: leather, hand tools, the managers’ knowledge of shoe making.
b. For a steel mill: the blast furnaces, iron ore, the workers.
c. For an airline: oil used to make jet fuel, the pilots’ knowledge of flying, jets.

Answer 1

Option a.

Step-by-step explanation:

• Natural resources are those resources which we get directly from the natural sources like land, forest, minerals, etc
• Physical capital is a piece of the generation procedure, what financial specialists call a factor of creation. It incorporates things like structures, hardware, gear and PCs.

• Human capital is the load of propensities, information, social and character qualities epitomized in the capacity to perform work to create monetary worth.

• Human capital is exceptional and contrasts from some other capital. It is required for organizations to accomplish objectives, create and stay inventive.