Land, money, factories, and the like that support and supply the materials needed for production.

Question

Quizplus · Accepted Answer

The definition provided describes capital. Land, money, factories and other resources are all forms of capital that are necessary for the production of goods and services. A is incorrect because commodities refer to the actual goods being produced, not the resources needed to produce them. C is incorrect because redistributive networks refer to the distribution of resources and wealth, not the resources themselves. D is incorrect because economic systems describe the way in which societies organize and manage their resources, not the resources themselves.

Land, Money, Factories, and the Like That Support and Supply