Question:
Economic resources can be simply classified into two main categories such as:
(1) capital resources and natural resources.
(2) land and capital.
(3) natural resources and human resources.
(4) property resources and human resources.
(5) labour and entrepreneurship.
Correct Answer:
(4)
Answer Explanation:
In economics, resources are broadly classified into property resources (which include land and capital) and human resources (which include labor and entrepreneurship).
Topic: Introduction Year: 2023
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