Each of the following statements about capital are correct except
A)capital is a "man"-made good used to produce other goods and services.
B)japan has more capital than any other country in the world.
C)office buildings and shopping malls are examples of capital.
D)capital is considered a passive resource.

Question

Quizplus · Accepted Answer

It is incorrect to state that Japan has more capital than any other country in the world. Capital is a factor of production that includes physical assets such as machinery, equipment, buildings, and infrastructure, as well as human capital such as skills and knowledge. While Japan is a major industrialized country with a high level of capital stock, other countries such as the United States and China have larger capital stock overall.

Each of the Following Statements About Capital Are Correct Except