The Money,computers,machines,tools,and Buildings That a Business Needs in Order to Produce

question 94

Multiple Choice

The money,computers,machines,tools,and buildings that a business needs in order to produce its good and services are called ________.

• A) natural resources
• B) human resources
• C) capital
• D) knowledge
• E) entrepreneurship

Know the relationship between habitat characteristics and species diversity.

Describe the interactions between species, including competition, predation, and symbiotic relationships.

Grasp basic ecological concepts related to biodiversity, such as richness and ecosystem structure.

Recognize adaptive strategies of species for survival and competition avoidance.

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Definitions:

Invisible-Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest inadvertently benefits society at large.

Command Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Centralized Authority

A system of organization where decision-making and power are concentrated at a single point or in a single group within the organization.

Government Intervention

Actions taken by a government to influence or regulate various activities within its economy, including markets, industries, and social policies, to achieve desired outcomes.