Which of the following is not a resource for a society?
A)capital goods, like factories and machine tools
B)entrepreneurship
C)legal institutions
D)labor

Question

Which of the following is not a resource for a society?
A)​capital goods, like factories and machine tools
B)​entrepreneurship
C)​legal institutions
D)​labor

Quizplus · Accepted Answer

Legal institutions are not considered resources in economics. Rather, they are institutions that enforce laws and regulations to ensure the proper functioning of a society's economy. The other choices, capital goods, entrepreneurship, and labor, are all resources that are used to produce goods and services.

Which of the Following Is Not a Resource for a Society