Which of the Following Statements About Economic Resources Is False

question 18

Multiple Choice

Which of the following statements about economic resources is false?

• A)Economic resources include financial capital and money.
• B)Economic resources are also called factors of production.
• C)Economic resources are used to produce goods and services.
• D)Some economic resources are human-made while others are found in nature.

---

Definitions:

Distribution

The manner in which wealth, goods, or resources are shared or spread out across a society or among members within a community.

Colonization

The act of establishing control over a foreign land and its people, often involving settlement and exploitation of resources.

Political Domination

The exertion of control or influence over individuals, groups, or territories by a political authority, often maintained through legislative or coercive means.

Economic Domination

The control or dominance of one entity, group, or nation over others in economic contexts, influencing production, labor, and market forces.