Examlex
Which of the following are defined as a set of interrelated components that include hardware, software, databases, networks, people, and procedures that collect data, process it, and disseminate the output?
Human Capital
The capabilities, understanding, and expertise that an individual or group holds, considered in relation to their worth or expense to a company or nation.
Physical Capital
Assets used in the production process that are tangible in nature, such as machinery, buildings, and vehicles.
Proprietary Knowledge
Information that is not public and is owned by an individual or company, giving them a competitive advantage.
Public Goods
Goods that are neither excludable nor rival in consumption.
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