Society's resources include
A) land and labor
B) labor and machinery
C) land,labor,and capital
D) land,capital,and money
E) labor,capital,and money

Question

Quizplus · Accepted Answer

Society's resources include land, labor, and capital. Land refers to natural resources like water, forests, and minerals. Labor includes the physical and mental effort put into producing goods and services. Capital refers to man-made resources like machinery, buildings, and equipment used in production. These three resources are the basis of modern economic activity.

Society's Resources Include