One of the two criteria for a resource to be considered capital is that it must:
A) occur naturally.
B) be part of a factory or building.
C) be a skill or talent possessed by a person.
D) be possible to use it to produce other goods and services.

Question

Quizplus · Accepted Answer

The criteria for a resource to be considered capital is that it must be possible to use it to produce other goods and services. Choices A and C are incorrect because they refer to natural resources and human resources, respectively. Choice B is incorrect because buildings and factories are capital themselves, but the individual components or parts within them may or may not be capital depending on their ability to be used in the production of other goods and services.

One of the Two Criteria for a Resource to Be