Economic resources are also known as:
A) elements.
B) financial capital.
C) factors of production.
D) building blocks.

Question

Quizplus · Accepted Answer

Economic resources are also known as factors of production, which include land, labor, capital, and entrepreneurship. These resources are used to produce goods and services in an economy. Choices A, B, and D are not commonly used terms to refer to economic resources.

Economic Resources Are Also Known As