As one of the factors of production, capital includes all of the following EXCEPT:

Name: As one of the factors of production, capital includes all of the following EXCEPT:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital, in terms of factors of production, refers to physical assets used in the production process, such as tools, machinery, equipment, and delivery trucks. Money, however, is not considered a physical asset in this context but rather a means to acquire capital goods.

As One of the Factors of Production, Capital Includes All